Stocks

Lam Research Edges Up 1.11% but Remains Deep in Weekly Red

LRCX gained modestly on August 21 but continued to feel the weight of a steep seven-day pullback.

By Love Wallet · August 21, 2026

Lam Research Edges Up 1.11% but Remains Deep in Weekly Red
Price
$310.6
24h
+1.11%
1 week
-7.89%
1 month
-3.52%
Market cap
$384.37B

Lam Research Corporation (LRCX) closed at $310.60 on August 21, 2026, posting a 24-hour gain of 1.11% that offered a brief respite from a broader stretch of selling pressure.

Despite the daily uptick, the semiconductor equipment maker remained under strain over longer timeframes. Shares fell 7.89% over the prior seven days and are down 3.52% over the past 30 days, reflecting sustained headwinds that have weighed on the stock in recent weeks.

Lam Research carries a market capitalization of $384.37 billion, underscoring its standing as one of the larger players in the semiconductor equipment sector even as its share price navigates a challenging short-term period.

The single-session advance was not enough to offset the cumulative losses recorded over the past month, leaving the stock's near-term trajectory a point of continued attention for market observers tracking the chip equipment space.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

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