Why Lam Research Stock Dropped on Wednesday
Dutch semiconductor equipment manufacturer ASML (NASDAQ: ASML) warned investors that its sales might not grow at all in 2026, and the bad news isn't just crashing ASML stock -- it's taking down rival semi equipment maker Lam Research (NASDAQ: LRCX) as well.
As of 11:40 a.m. ET, ASML stock is down 11%, but Lam stock is down, too, by 3.6%.
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Source Fool.com
