🟢 Lam Research is trading 6% up today as easing AI-demand concerns lift chip stocks

Lam Research is trading at $6.37 (+5.99%) as easing AI-demand concerns lift chip and equipment stocks.

• Stronger-than-expected targets from SanDisk also supported equipment suppliers, with Lam Research identified as a direct beneficiary.
• On August 13, 2026, the company announced plans to invest more than $3 billion expanding research and development labs, reinforcing longer-term product-development capacity.