Lam Research, ARM Holdings Launch Busy Week For Chips

By | April 21, 2015

Scalper1 News

Semiconductor stocks jumped to the front Tuesday, posting some strong gains after quarterly earnings reports, amid a busy reporting schedule this week. Lam Research (LRCX) spiked 8%, jump-starting the right side of a volatile pattern. Late Monday, Lam Research topped earnings views and guided forecasts higher. It earned $1.40 a share, excluding items, for the quarter ended March 29, up 11%, according to Thomson Reuters. Sales rose nearly 14% to Scalper1 News

Scalper1 News