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via finance.yahoo.comBusiness & Companies

Lam Research slumps pre-bell as supply chain may hinder fiscal Q2 sales after Q1 beat

FROM THE WIRE · FINANCE.YAHOO.COM

(Updates with the stock move and details of the company's guidance in the headline and the first and PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishPossible hindrance to next-quarter sales weighs on a major semiconductor equipment maker.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Lam Research beat expectations on Q1 adjusted earnings and revenue.
  2. 02The stock is falling before the opening bell.
  3. 03The supply chain could limit fiscal Q2 sales.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Lam Research CorporationLRCXStock260.81 USDMarket closedtoday -1.00%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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