Stocks in Action USA: Lam Research, Quanta Services and Corcept Therapeutics.
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Lam Research (LRCX) Excites with Record Quarter – AI Demand Drives Growth to New Heights! Lam Research has exceeded Wall Street expectations with a record quarter, delighting investors with an optimistic outlook. The semiconductor equipment manufacturer increased revenue, margins, and profit to new highs, benefiting from the sustained high demand for manufacturing equipment for AI chips. Particularly notable was that management's forecast for the current quarter significantly surpasses analyst estimates for both revenue and profit. CEO Tim...
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