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LRCX - Lam Research News Story

$608.98 -6.9  -1.1%

Last Trade - 17/09/21

Large Cap
Market Cap £63.40bn
Enterprise Value £62.88bn
Revenue £10.61bn
Position in Universe 147th / 7147

BUZZ-Chip stocks rally in relief after reports from Lam, Xilinx, TI

Wed 23rd January, 2019 10:27pm
U.S. chip stocks rallying in extended trade on Wednesday after
quarterly results from Xilinx  XLNX.O , Texas Instruments
 TXN.O , Lam Research  LRCX.O  reassured investors on edge over
slow global demand and potential fallout from the U.S.-China
trade war
    ** LRCX rising 4 pct after the semiconductor manufacturing
equipment maker reported better-than-expected quarterly results
and announced a $5 bln stock buyback authorization*:nASB014F2
    ** XLNX jumping 8 pct after the programmable chipmaker's
quarterly results and outlook beat analysts' expectations*:nASB014FM
    ** TXN up 1.7 pct after beating quarterly profit estimates*:nL3N1ZN5ML
    ** Other stocks reacting after hours: Applied Materials up 2
pct, KLA-Tencor up 3 pct, Intel  INTC.O , AMD  AMD.O , Nvidia
 NVDA.O  and Broadcom  AVGO.O  all up about 1 pct
    ** Coming for chip earnings is INTC after the bell on

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