🟢 Lam Research is trading 3.04% up today on renewed AI optimism

Lam Research is trading 3.04% up now at $296.86 as semiconductor shares rally amid renewed AI optimism and stronger market-wide risk appetite.

• Potential AMD chip price increases, positive Nvidia commentary, and improving U.S.-China relations are supporting the sector.
• Falling oil prices and declining Treasury yields are supporting growth stocks; the company’s previously announced ₹10,000 crore India expansion remains supportive background.
• No new September 21 catalyst was identified.