Chip Equipment Demand Hot
LRCX is rallying moderately as a memory customer's large backlog signals strong demand for chipmaking equipment, reinforced by its status as a top bank pick, outpacing even a strong tech-heavy tape.
Sources: https://finance.yahoo.com/markets/stocks/articles/lam-research-stocks-gain-micron-175419551.html, https://finance.yahoo.com/markets/stocks/articles/doe
Sources
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