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LRCX - Lam Research News Story

$586.22 -3.7  -0.6%

Last Trade - 9:00pm

Sector
Technology
Size
Large Cap
Market Cap £61.32bn
Enterprise Value £60.78bn
Revenue £10.71bn
Position in Universe 148th / 7157

BUZZ-Chip stocks rise after TSMC posts record quarterly sales

Thu 15th July, 2021 11:37am
** Shares of chip companies rise in premarket trading
    ** Taiwan Semiconductor Manufacturing Co Ltd  2330.TW , the
world's largest contract chipmaker, posts record qtrly sales and
sees higher rev for current qtr  urn:newsml:reuters.com:*:nL1N2OR0DQ
    ** Shares of Qualcomm Inc  QCOM.O , Nvidia Corp  NVDA.O ,
Advanced Micro Devices Inc  AMD.O  and Micron Technology Inc
 MU.O , rise between 0.4% and 1.7% premarket
    ** Chip-gear makers Lam Research Corp  LRCX.O  and Applied
Materials Inc  AMAT.O  up ~1% premarket, while KLA Corp  KLAC.O 
up 0.3% at $310 
    ** TSMC, a major Apple Inc  AAPL.O  supplier, says it plans
to build new factories in the United States and Japan and will
expand production capacity in China 
    ** YTD, NVDA up ~52%, MU up ~4%, LRCX up ~31%, AMAT up 57%,
KLAC up ~19%, while QCOM and AMD fell ~6% and ~3%, respectively

 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))
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