Stocks

Lam Research Slips 3.44% on the Day but Holds Strong Monthly Gains

LRCX pulled back Wednesday even as the chipmaker's shares remain up more than 8% over the past month.

By Love Wallet · October 7, 2026

Lam Research Slips 3.44% on the Day but Holds Strong Monthly Gains
Price
$333.91
24h
-3.44%
1 week
+3.05%
1 month
+8.54%
Market cap
$432.74B

Lam Research Corporation (LRCX) closed at $333.91 on October 7, 2026, posting a single-session decline of 3.44% that trimmed recent gains for the semiconductor equipment maker.

Despite the daily retreat, the stock has gained 3.05% over the past seven days and 8.54% over the trailing 30-day period, reflecting a broader stretch of positive momentum heading into the session's pullback.

The company's market capitalization stood at $432.74 billion as of the close, keeping Lam Research among the larger names in the semiconductor equipment sector.

The day's decline represents a single-session move against an otherwise upward trend across the near-term timeframes tracked, with the monthly performance remaining the strongest of the three measured periods.

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

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