Lam Research Corporation closed at $301.71 on Tuesday, September 1, 2026, slipping 0.06% in the latest 24-hour session. The marginal decline extended a modest seven-day pullback, with shares down 2.72% over that stretch.
Despite the near-term softness, the Santa Clara-based chipmaking equipment supplier has posted a sharp recovery over the broader one-month window. LRCX shares have gained 20.20% over the past 30 days, reflecting sustained buying interest in the semiconductor equipment sector.
The company's market capitalization stood at $377.77 billion as of the close of trading. Lam Research designs and manufactures equipment used in the fabrication of integrated circuits and remains one of the largest companies by market value in the semiconductor supply chain.
Trading activity on Tuesday suggested little urgency from either buyers or sellers, with the fractional daily move indicating a period of consolidation following the substantial monthly advance.
