Lam Research Corp. Stock Rallies 8.4%, Outperforms Market

Dow Jones04:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Lam Research Corp. advanced 8.4% to $410.91 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.2% to 7,440.43 and the Dow Jones Industrial Average rising 0.6% to 52,182.74.

Lam Research Corp. hit a new 52-week high, surpassing its previous peak of $409.75, which the company reached on June 22nd.

The stock demonstrated a mixed performance when compared to some of its peers, as Advanced Micro Devices Inc. rose 3.4% to $539.49, Applied Materials Inc. rose 10.8% to $694.64, and Analog Devices Inc. rose 1.26% to $391.78.

Trading volume totaled 13.7 million, compared to the 50-day average of 10.7 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 29, 2026 16:33 ET (20:33 GMT)

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