The Silicon Valley company is best known for supplying wafer fabrication equipment and services, which are used to produce the chips that go into cell phones, computers, and electronic gagets.
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News about Lam Research
Jeeps, booze and bank stocks all played a role.
It follows the worst two-day drop for the sector in nearly a year.
Multibillion dollar deals gone sour
Semiconductor and cybersecurity stocks are poised for growth—and relatively cheap.