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As of Aug 6, 9:30 PM ET ·
LRCX News30 articles
Semiconductor ETFs Surge: SOXX Outpaces SMH as Nvidia Weighting Gap Widens
SMH gained 6.5% but underperformed SOXX's 8.4% rise on Thursday, as Nvidia's 21.7% SMH weighting limited gains. Broader participation lifted SOXX.
Markets
AI Stocks Propel Nasdaq Higher Despite Broad Market Weakness
The Nasdaq surged 2.43% as AI-driven stocks rallied, but over 70% of S&P 500 stocks fell, highlighting a narrow market advance.
Markets
Lam Research Soars on AI-Driven Margin Forecast
Lam Research (LRCX) shares jumped 20.9% as AI-driven demand boosted guidance, with a 44.9% incremental adjusted operating margin forecast.
Earnings
Tech Sector Split: Microsoft Surges, Meta Drops as AI Cash Flow Focus Sharpens
US stock futures advanced on Thursday, led by a 1.57% gain in Nasdaq 100 futures. Microsoft surged 9.18% premarket while Meta dropped 9.74%, highlighting investor focus on AI cash flow conversion.
Markets
Lam Research Shares Surge on Strong Outlook, Revenue Forecast Beats Estimates
Lam Research shares climbed in after-hours trading after the company projected $8.1 billion in September revenue, well above analyst expectations.
Earnings
KLA Stock Tumbles 8.7% Premarket on Cash Flow Concerns Despite Record Revenue
KLA shares fell 8.7% premarket despite record revenue and upbeat guidance, as a 23.2% drop in free cash flow raised concerns about cash conversion.
Earnings
ASML Shares Slide 6% on China DUV Machine Production Report
ASML shares dropped 6% after a report that China is producing immersion DUV machines, challenging the company's lithography market position.
Markets
Chip Rout Widens Growth-Value Gap, Dragging Down US Futures
US stock futures fell Friday as a semiconductor selloff deepened, widening the $10.18 billion gap between growth and value funds. Nasdaq futures dropped 1.9%, while Dow futures declined 0.65%.
Markets
ASML's Upcoming Earnings Could Trigger a Market Swing Larger Than Its Annual Revenue
ASML's upcoming earnings report could trigger a 7% stock swing, representing a market cap change of about €42 billion, surpassing its annual revenue guidance.
Earnings
KLA Stock Lags Peers as TSMC Earnings, CPI Data Loom
KLA shares lagged behind rivals Applied Materials and Lam Research, with attention turning to TSMC's quarterly results and key U.S. inflation data.
Analysis
Chip ETF Rally Reverses: Memory and Equipment Stocks Lead Selloff
Invesco Semiconductors ETF, the top chip ETF in 2026, fell 7.8% as memory and equipment stocks dragged, while VanEck Semiconductor ETF with high Nvidia weight dropped only 5.0%.
Markets
Dow Hits Record, Chip Stocks Slide in Pre-Holiday Trading
The Dow reached a new high while chip stocks dragged the Nasdaq lower in a mixed session ahead of the Independence Day holiday.
Markets
Dow Rises Despite Tech Selloff; AI Stocks Weigh on Nasdaq
Dow rises 0.56% amid broad market strength, but AI-chip slide pushes Nasdaq down 1.19%. June payrolls miss forecast, fueling rate speculation.
Markets
Dow Hits New Peak as Apple and Amgen Lift Blue Chips; Tech Stocks Falter
The Dow set a new record close on Thursday, propelled by Apple and Amgen, as AI and chip stocks declined. Soft labor data relieved Fed pressure.
Markets
Applied Materials Surges 11.7% as Analyst Targets Climb Above Street Average
Applied Materials (AMAT) soared 11.7% to $699.97, far outpacing semiconductor ETFs, as analysts raised targets and the company launched new AI chip tools. The stock now trades above its average analyst target.
Technology
Applied Materials Surges $50 Billion on AI Memory Boom
Applied Materials surged 10.7% to $652.07, adding $50.4 billion in value, after unveiling new DRAM and advanced packaging systems and forecasting strong AI memory demand.
Technology
Pelosi Family Maintains Large AI and Tech Holdings Despite Recent Sales
House filings show Pelosi family retains major positions in top tech stocks despite recent large sales, as semiconductor gains boost Nasdaq.
Technology
ASML Denies EUV Machine Reached China Amid US Export Control Concerns
ASML shares fell up to 2.7% after reports that US officials suspect an EUV machine may be in China. ASML denies the claim, but political risks could impact up to 20% of 2026 revenue.
Regulation
ASML Shares Dip on China Export Restrictions, AI Rally Pauses
ASML shares slipped 0.6% in Amsterdam after the company denied shipping EUV chipmaking tools to China, interrupting an AI-led rally. China's share of sales is expected to fall from 33% to 20% in 2026.
Technology
Lam Research and Kulicke & Soffa Rally on AI-Driven Semiconductor Demand
Lam Research (LRCX) and Kulicke & Soffa (KLIC) shares surge on strong AI chip demand and earnings optimism, while Block (SQ) shows undervaluation potential amid high P/E ratios.
Markets
Citi Bullish Call on AI Capex Drives ASML Shares to New Highs
ASML shares jumped 4.1% in Amsterdam after Citi boosted its bull-case estimates for wafer-fab equipment spending tied to AI build-outs. Risks remain from China export controls.
Technology
Applied Materials Surges on Citi's AI-Driven Price Target Hike
Applied Materials shares jumped 6.7% to $606.53 after Citi raised its price target to $710 from $550, citing AI-driven chip-equipment demand. The broader semiconductor equipment sector also rallied.
Technology
G7 Leaders Debate AI Model Access Amid OpenAI's $1T IPO Plan and Rising China Competition
G7 leaders debate AI model access as OpenAI files for a $1T IPO. Anthropic restricts models, China boosts local AI, and cybersecurity deals surge.
Technology
VanEck Semiconductor ETF Hits New Peak as AI Chip Stocks Rally
SMH surged to a new high of $646.27 as AI chip stocks rallied, with Lam Research, Marvell, and ASML leading the gains. The ETF is up 72% year-to-date.
Markets
Dow Rebounds 930 Points as Oil Plunges After Trump Halts Iran Strikes
The Dow surged 930 points as oil prices dropped sharply after President Trump called off planned strikes on Iran, soothing geopolitical fears. Honeywell, Boeing, and Caterpillar led the gains.
Markets
Tech Rebound, Eased Iran Tensions Propel Wall Street Higher
Wall Street surged Thursday as tech stocks rebounded and oil prices fell after President Trump canceled planned strikes on Iran, easing inflation fears. The S&P 500 gained 1.75% to 7,394.30.
Markets
SpaceX IPO Set for Rapid Nasdaq-100 Entry, QQQ Investors Brace for Volatility
SpaceX's $1.75 trillion IPO may fast-track into the Nasdaq-100 and QQQ ETF, raising volatility risks due to a tiny 7% free float. Chip sell-off pressures markets.
IPO
Applied Materials Hits Record High on AI-Driven Chip Demand
Applied Materials shares surged nearly 7% to a record high after CFO Brice Hill raised its 2026 growth forecast above 30%, driven by AI-related chip factory investments.
Technology
Lam Research Nears Record High Ahead of CFO's Tech Conference Speech
Lam Research stock closed near record highs on Friday, with investors focused on AI-driven demand and CFO Doug Bettinger's upcoming speech at Bank of America's Global Technology Conference.
Technology
Applied Materials Finishes Strong Week as AI Demand Drives Chip Equipment Maker Near Record Highs
Applied Materials ended the holiday-shortened week at $450.06, up 4.1%, near record highs, driven by AI-related equipment demand and analyst upgrades.
Technology