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Lam Research Shares Rise on Micron's Equipment Demand Signal

Lam Research (LRCX) shares climbed approximately 1.4% to $333.09 on Thursday, October 1, following indications of increased demand for memory-equipment spending driven by Micron's investment plans. Micron projects $27.37 billion in net capital expenditures for fiscal 2026.

LRCXMU

09 during Thursday's October 1 session as Micron's investment plans strengthened the case for more memory-equipment spending. 37 billion in fiscal 2026 net capital expenditures and said it…