AI Boom Drives Lam Research: Forecast Shatters Expectations
Reading Time: 4 minutes
Expectations shattered: Lam Research delivers a "double beat" and surprises Wall Street with an extremely strong forecast for the current quarter – the stock soars to a new all-time high in after-hours trading. Scenario confirmed: As analyzed here yesterday, the AI and memory boom is reaching the next level – the semiconductor equipment supplier is greatly benefiting from complex 3D chip manufacturing. The supplier for the semiconductor industry reports strong Q2 figures and shatters expectations. Thus, the scenario I pointed out...
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