Thanks to an earth-shaking event in the chip industry it serves so faithfully, semiconductor equipment specialist Lam Research (NASDAQ: LRCX) experienced a pleasant share price rise on Thursday. Bullish investors bid the company’s stock up by almost 4% in price, effortlessly beating the 0.5% gain of the S&P 500 (SNPINDEX: ^GSPC) that trading session.
Lam Research didn’t have any news of its own to report, but we sure can’t say that about two of its chipmaking customers, Nvidia and Intel.
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