US Stock Market Movers: Semiconductor Stocks Stage a Broad Rebound, Lam Research Surges Nearly 20%
Stock News
Jul 30
On Thursday, US semiconductor stocks saw a collective rebound, with several major players posting significant gains. Seagate Technology (STX.US) rose over 15%, SanDisk (SNDK.US) climbed more than 14%, and Western Digital (WDC.US) advanced over 12%. SK Hynix (SKHY.US) was up more than 8%, while Micron Technology (MU.US) gained nearly 8%.
Leading the rally, Lam Research (LRCX.US) surged nearly 20% following its earnings report, and ARM (ARM.US) jumped almost 13% after its own results. Applied Materials (AMAT.US) rose nearly 10%, Marvell Technology (MRVL.US) advanced close to 8%, AMD (AMD.US) gained over 7%, and Intel (INTC.US) was up more than 6%.
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