LRCX News and Press, Lam Research Corporation From 07/20/23

2023-07-20 16:26:25 ET Summary We’re downgrading ASML Holding N.V. to a hold post Q2 2023 earnings, but we remain confident that the company will outperform in the medium-to-longer term, driven by the strategic nature of lithography spend. We believe macro headwinds and a s...

2023-07-20 11:29:03 ET Taiwan Semiconductor ( NYSE: TSM ) lowered its revenue outlook for 2023 on Thursday, resulting in a steep sell-off for the semiconductor industry. Taiwan Semiconductor ( TSM ) shares fell 4.5% after the global foundry said it expects full-...

2023-07-19 08:30:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. U.S. equities continue...

Lam Research Announces 2022 ESG Report, Demonstrates Progress Towards Net Zero PR Newswire FREMONT , Calif. , July 18, 2023 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced that quantifiable progress has been made toward its environmental, so...

2023-07-17 14:34:24 ET Semiconductor stocks were mostly in positive territory on Monday as investors awaited earnings season and digested a number of Wall Street research reports. ON Semiconductor ( NASDAQ: ON ) paced the sector with gains of more than 4% , while Intel ( N...

2023-07-17 14:25:48 ET Investment firm B. Riley upgraded semiconductor equipment company Cohu ( NASDAQ: COHU ) on Monday and tweaked its estimates on several other chip equipment companies after coming away positive from a recent semiconductor conference. Cohu ( COHU ) share...

2023-07-14 08:28:03 ET Investment firm Citi said on Friday that it sees "99 billion reasons to stay long" semiconductor equipment stocks after attending the SEMICON West conference, citing an expected recovery in chip equipment spending in 2024. Comments from Tokyo Electronic, whom anal...

2023-07-14 07:00:00 ET Semiconductor stocks have been in raging form on the market this year. The PHLX Semiconductor Sector index gained a whopping 44% in 2023, which is not surprising as companies in this sector received a big lift from the growing adoption of artificial intelligence (...

2023-07-14 04:59:00 ET Summary U.S. equities continued to make gains in the second quarter, driven by excitement over generative AI and improving market sentiment supported by a resilient economy and expectations the Federal Reserve is nearing the conclusion of its tightening cycle. ...

2023-07-13 11:07:36 ET Summary Lam Research Corporation's stock has risen by over $80 or about 19% in the past two months, prompting a review of our investment thesis. The company's strength lies in its innovation and research, which underpins its growth, although weaknesses we sp...