This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Lam Research Corp. rallied 5.5% to $433.33 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.8% to 7,499.36 and the Dow Jones Industrial Average rising 0.3% to 52,319.20.
This was the stock's second consecutive day of gains.
Lam Research Corp. hit a new 52-week high, surpassing its previous peak of $414.98, which the company achieved on June 29th.
The stock demonstrated a mixed performance when compared to some of its peers, as Advanced Micro Devices Inc. rose 7.7% to $580.91, Applied Materials Inc. rose 4.1% to $723.00, and Analog Devices Inc. rose 1.38% to $397.17.
Trading volume totaled 16.8 million, compared to the 50-day average of 10.9 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
June 30, 2026 16:34 ET (20:34 GMT)
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