Lam Research logo

LRCX - Lam Research News Story

$662 -6.0  -0.9%

Last Trade - 09/04/21

Large Cap
Market Cap £69.01bn
Enterprise Value £68.86bn
Revenue £8.70bn
Position in Universe 135th / 6827

BUZZ-Applied Materials hits record high, SOX index jumps nearly 3%

Fri 19th February, 2021 4:56pm
** Chip gear maker's shares  AMAT.O  surge 8.6% to an
all-time high after company gives strong revenue forecast; Leads
gains on Philadelphia Semiconductor index  .SOX 
    ** AMAT on course for best day since April 2020, while peers
Lam Research  LRCX.O  and KLA Corp  KLAC.O  up 3.9% and 3.6%,
    ** SOX index up 2.8% to trade just below all-time highs, set
to snap two days of declines
    ** LED and chip maker Cree Inc  CREE.O  jumps 6.6%, also
among the top gainers in the index, after it completes $500 mln
at-the-market equity program*:nL1N2KP1M0
    ** SOX index hit a record high earlier this week and is up
~63% in the past year, helped by a coronavirus-induced surge in
sale of PCs, gaming consoles and a global shortage of

 (Reporting by Sruthi Shankar in Bengaluru)
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.