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News 2026-10-01 17:58 UTC

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.