Shares of semiconductor equipment manufacturers Applied Materials (NASDAQ: AMAT) , Lam Research (NASDAQ: LRCX) , and ASML Holdings (NASDAQ: ASML) all rose materially higher during the month of November, according to data from S&P Global Market Intelligence . Applied Materials was up 39.3%, with Lam Research nearly matching it with 32.3% gains, and ASML logging a respectable 16.6% gain just for good measure.
A highly favorable combination of the same factors sent all three stocks soaring during November.
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Why Applied Materials, Lam Research, and ASML Holdings Rocketed as Much as 39.3% in November