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Stocks Pressured by Weakness in Chipmakers
Barchart50d agoneutral
Stocks Pressured by Weakness in Chipmakers

The S&P 500 Index ($SPX ) (SPY ) today is down -0.54%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.38%. September E-mini S&P futures (ESU26 ) are down -0.51%, and September E-mini Nasdaq futures...

Lam Research (LRCX) Opens Boise Office To Get Closer To Micron’s Memory Expansion
Simply Wall St.51d agoneutral
Lam Research (LRCX) Opens Boise Office To Get Closer To Micron’s Memory Expansion

Lam Research opened a new office in Boise to support Micron’s high volume memory manufacturing. The move deepens Lam Research’s role in Micron’s expansion of advanced memory production. The development follows strong recent share price performance for NasdaqGS:LRCX. Lam Research, traded as NasdaqGS:LRCX, is moving closer to a key customer with its new Boise office aligned to Micron’s memory expansion plans. The stock last closed at $374.8 and is up 16.2% over the past 30 days and 102.5%...

Wells Fargo Raises its Price Target on Lam Research (LRCX)
Insider Monkey52d agoneutral
Wells Fargo Raises its Price Target on Lam Research (LRCX)

Lam Research Corporation (NASDAQ:LRCX) is one of the 10 All-Time High Stocks with Legs to Rally Further. On June 22, 2026, Wells Fargo analyst Joe Quatrochi raised the firm’s price target on Lam Research Corporation (NASDAQ:LRCX) to $450 from $365 and maintained an Overweight rating. Wells Fargo expects semiconductor capital equipment companies to continue reporting […]

Qualcomm in talks to provide custom chip-design services to ByteDance, sources say
Reuters53d agoneutral
Qualcomm in talks to provide custom chip-design services to ByteDance, sources say

Qualcomm is in talks to provide chip-design services to China's ByteDance, four people familiar with the matter said, as the U.S. company seeks ‌to reduce dependence on the smartphone market, its biggest revenue source. If successful, the ‌negotiations would make ByteDance, the parent of short-video platform TikTok, an early customer of Qualcomm's chip-design services operation. ​Qualcomm is the world's largest supplier of smartphone modem chips, which manage cellular communications.

AI stock slump raises the question if investors are just taking profits or getting very nervous
Associated Press53d agobearish
AI stock slump raises the question if investors are just taking profits or getting very nervous

Technology companies are spending big to incorporate artificial intelligence into their businesses and to build huge data centers. Investors who had jumped on the bandwagon appear to be having second thoughts. Just four companies — Alphabet, Amazon, Meta Platforms and Microsoft — plan to spend up to $720 billion this year, primarily on AI data centers.

Tech Is Plummeting. Why the Dow Is Actually Rising Today.
Barrons.com53d agoneutral
Tech Is Plummeting. Why the Dow Is Actually Rising Today.

The Dow was up 50 points, or 0.1%, and on the upswing after dropping at the open. The S&P 500 was down 0.7%, while the Nasdaq was down 1.2%. The iShares Semiconductor ETF was still down 5.8%, but consumer staples, health care, real estate, utilities, financials, and communication services were all posting solid gains.

Why Analysts See More Upside for Lam Research (LRCX)
Insider Monkey54d agoneutral
Why Analysts See More Upside for Lam Research (LRCX)

With a forward P/E of 48.39, Lam Research Corporation (NASDAQ:LRCX) is among the 10 Most Overvalued Quantum Computing Stocks According to Short Sellers. On June 9, UBS raised its price target on Lam Research Corporation (NASDAQ:LRCX) to $375 from $310 while maintaining a Buy rating on the shares. The upward revision reflects the firm’s increasing confidence in the company’s growth outlook […]

Cantor Fitzgerald Lifts PT on Lam Research Corporation (LRCX)
Insider Monkey54d agoneutral
Cantor Fitzgerald Lifts PT on Lam Research Corporation (LRCX)

Lam Research Corporation (NASDAQ:LRCX) is one of the best AI memory stocks to buy in 2026. Cantor Fitzgerald lifted the price target on Lam Research Corporation (NASDAQ:LRCX) to $425 from $320 on June 10 and maintained an Overweight rating on the shares, telling investors in a research note that the firm believes the semi equipment […]

Lam Research (LRCX) Is Up 6.1% After AI-Fueled Beat And Raised Chip-Equipment Outlook
Simply Wall St.55d agobullish
Lam Research (LRCX) Is Up 6.1% After AI-Fueled Beat And Raised Chip-Equipment Outlook

In recent weeks, Lam Research reported quarterly revenue growth of 24% year over year with earnings surpassing guidance, raised its outlook for wafer fabrication equipment demand, and highlighted strong AI-driven orders alongside growing U.S. onshore manufacturing partnerships. At the same time, institutional investors have been accumulating shares even as some insiders sell and valuation concerns and China export risks temper the otherwise upbeat AI and semiconductor equipment...