Lam Research (NASDAQ:LRCX) Shares Down 1.4% - Here's Why
Lam Research (NASDAQ:LRCX) shares dropped 1.4% to $332.36 on lighter-than-average trading volume. The company plans a $3 billion, five-year investment to expand R&D labs, aiming to boost experiment capacity by over 50% for AI chips and advanced materials, despite a high 58x earnings valuation …