Movement Alert|Lam Research Rises 3.9% in Regular Trading, Powerchip Semiconductor 10.4 Billion NTD Order and Target Price Upgrade to $420 Boost Sentiment

Market Focus
06/17

On June 17, Lam Research rose 3.9% in regular trading, trading at $390.78/share, with turnover of $168 million. The stock rebounded sharply after falling 3.01% on June 16 due to director share sales and a sector-wide pullback.

On the news front, Powerchip Semiconductor announced a 10.4 billion NTD procurement of machinery and related facilities from Lam Research International for manufacturing purposes, further validating robust downstream demand for semiconductor equipment. Additionally, Rothschild & Co Redburn raised its target price from $305 to $420, maintaining a Buy rating. This follows recent upgrades from Oppenheimer (to $400), UBS (to $375), Wells Fargo (to $365), and Barclays (to $335).

Within the Semiconductor Equipment sector, the broad rebound was pronounced. Among individual stocks, Applied Materials up 7.24%, ASML Holding up 5.44%, Teradyne up 6.4%, KLA-Tencor up 3.74%, AXT Inc down 0.15%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10