Lam Research is trading 3.05% down at $309.12 as semiconductor stocks weaken amid sector-wide profit-taking.
- Reports also cite worries about AI-related spending and renewed memory-competition concerns after China’s CXMT reported progress on next-generation DRAM.
- SOXX is down 2.68% in regular trading, while the broader market is mixed.
- Reports do not identify a new Lam Research-specific catalyst.