India, July 30 -- Lam Research Corp. (LRCX) surged after reporting record fourth-quarter revenue and stronger earnings, driven by continued artificial intelligence-related demand for semiconductor manufacturing equipment.
The stock is currently trading at $300.41, up $48.06 or 19.05%, on the Nasdaq. It opened at $318.29 after closing the previous session at $252.35. The stock has traded between $90.94 and $438.50 over the past 52 weeks.
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