This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Lam Research Corp. advanced 5.2% to $194.76 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 6,902.05 and the Dow Jones Industrial Average rising 1.2% to 48,977.18.
This was the stock's second consecutive day of gains.
Lam Research Corp. hit a new 52-week high, surpassing its previous peak of $185.78, which the company achieved on January 2nd.
The stock demonstrated a mixed performance when compared to some of its peers, as Advanced Micro Devices Inc. fell 1.1% to $221.08, Applied Materials Inc. rose 5.7% to $284.32, and Analog Devices Inc. rose 1.30% to $277.29.
Trading volume totaled 16.1 million, compared to the 50-day average of 10.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
January 05, 2026 16:34 ET (21:34 GMT)
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