IBM shares are jumping 8% after the tech-infrastructure provider reported a quarterly per-share profit that beat expectations — helped by a jump in software sales and AI-related demand. Lam Research ...
Chip-making equipment supplier Lam Research forecast third-quarter revenue above Wall Street expectations on Wednesday, driven by a surge in orders from chip firms amid the AI boom.
Investing.com -- Bernstein upgraded Lam Research (NASDAQ: LRCX) to Outperform from Market-Perform, citing improving risk-reward dynamics and signs of a potential NAND recovery.