Needham Raises Lam Research EPS Estimates After Company Boosts Chip Equipment Market Outlook

Lam Research Breaks Ground To Construct Lab In Oregon Under $3B Investment Plan

Lam Research Corp. (NASDAQ: LRCX) commemorated the start of construction on its new, state-of-the-art Oregon lab, part of a more than $3 billion planned investment in its global lab network over the next five years to

Mizuho Maintains Outperform on Lam Research, Lowers Price Target to $365

Mizuho analyst Vijay Rakesh maintains Lam Research (NASDAQ:LRCX) with a Outperform and lowers the price target from $370 to $365.

A 10-Year Treasury Bond Now Pays More Than 118 Of America's Biggest Companies

Only 3.85% of S&P 500 stocks now yield more than the 10-year Treasury, the lowest since May 2007. Benzinga found 118 mega-caps that pay less.

Shares of semiconductor companies are trading lower amid concerns that OpenAI's Q2 earnings may weigh on AI growth. Today's Fed minutes revealed that many participants assessed that higher rates would likely be necessary if inflation did not fall.