(RTTNews) - Lam Research Corporation (LRCX), a provider of wafer-fabrication equipment and related services to the semiconductor makers, said that its board approved a $25 billion share repurchase drive and a quarterly dividend of $0.33 per share.

Lam Research Authorized To Repurchase $25 Bln Of Shares 

The S&P 500 Index ($SPX ) (SPY ) closed down -4.36% on Thursday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -3.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -6.36%.  December E-mini S&P futures (ESZ26 ) fell -4.46%, and December E-mini Nasdaq futures...

Stock Indexes Routed on Capitulation out of Chipmakers and AI Stocks

The S&P 500 Index ($SPX ) (SPY ) is down -3.46% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -2.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -5.82%.  December E-mini S&P futures (ESZ26 ) are down -3.09%, and December E-mini Nasdaq futures...

Stock Indexes Plummet on Mass Exodus from Chipmakers and AI Stocks

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Morgan Stanley (Symbol: MS), where a total of 41,816 contracts have traded so far, representing approximately 4.2 million underlying shares.  That amounts to about 63.9% o

Notable Thursday Option Activity: MS, STX, LRCX

The S&P 500 Index ($SPX ) (SPY ) is down -1.70% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.76%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -3.60%.  December E-mini S&P futures (ESZ26 ) are down -1.76%, and December E-mini Nasdaq futures...

Stock Indexes Pressured as Chipmakers and AI Stocks Plunge

In this episode of Motley Fool Hidden Gems Investing, Motley Fool contributors Jon Quast, Matt Frankel, and Lou Whiteman discuss:

Did IBM Just Tell the Truth About AI?

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition, which support copper damascene manufacturing; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced chemical vapor deposition (CVD) products. It also provides Akara, a conductor etch system designed to enhance etch precision, selectivity, and defect control; Argos, Prevos, and Selis, which are selective etch systems used in the fabrication of advanced logic and memory devices that require precise control at nanoscale dimensions; Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for deep silicon etch; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. Further, it provides Reliant deposition, etch, and clean products; Sense.i platform products; and customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

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