This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Lam Research Corp. rallied 6.0% to $388.92 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.7% to 7,554.29 and the Dow Jones Industrial Average rising 0.9% to 51,671.03.
This was the stock's third consecutive day of gains.
Lam Research Corp. hit a new 52-week high, surpassing its previous peak of $373.82, which the company reached on June 12th.
The stock demonstrated a mixed performance when compared to some of its peers, as Advanced Micro Devices Inc. rose 7.0% to $547.26, Applied Materials Inc. rose 3.3% to $585.78, and Analog Devices Inc. rose 2.34% to $427.58.
Trading volume totaled 13.4 million, compared to the 50-day average of 9.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
June 15, 2026 16:34 ET (20:34 GMT)
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