NasdaqGS:LRCXSemiconductor
Potential US China Chip Talks Reframe Lam Research Risk And Opportunity
US and Chinese leaders reportedly met with major US chip CEOs to discuss semiconductor trade and rare earth supply chains.
The talks raised hopes that export restrictions on advanced chip technology could ease over time.
Any progress from the discussions could influence Lam Research’s access to customers in China and the stability of its equipment supply chain.
For Lam Research (NasdaqGS:LRCX), which closed at $284.72, this diplomatic outreach comes after a strong period for the stock, with...