Semiconductor equipment maker Lam Research (NASDAQ:LRCX) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 24.4% year on year to $4.72 billion. The company expects next quarter’s revenue to be around $5 billion, close to analysts’ estimates. Its non-GAAP profit of $1.04 per share was 3.8% above analysts’ consensus estimates.
Sen. Elizabeth Warren requests answers from Apple Inc. CEO Tim Cook over alleged influence-peddling between Apple and Trump administration in trade negotiations with China. Tech companies release mixed earnings results.
Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX)
jumped 7.2% in the afternoon session after the company reported strong first-quarter 2025 results, with adjusted operating income that topped analysts' expectations and next quarter's revenue guidance coming in well ahead of Wall Street forecasts, a signal that demand was holding up despite a murky global backdrop. Zooming out, we think this was a solid quarter.
U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade tensions boosts risk sentiment.
After the closing bell on Wednesday, let's take a glimpse of the US markets and explore the top S&P500 gainers and losers in today's after-hours session.
Semiconductor equipment maker Lam Research (NASDAQ:LRCX) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 24.4% year on year to $4.72 billion. On top of that, next quarter’s revenue guidance ($5 billion at the midpoint) was surprisingly good and 9.7% above what analysts were expecting. Its non-GAAP profit of $1.04 per share was 4.1% above analysts’ consensus estimates.
Risk-on sentiment dominated Wall Street on Wednesday, as upbeat earnings reports and conciliatory messages from the Trump administration helped lift investor confidence.
Let's have a look at what is happening on the US markets before the opening bell on Monday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Fremont, CA – April 17, 2025 – Lam Research Corporation (NASDAQ: LRCX), a leading provider of wafer fabrication equipment for the semiconductor industry, experienced a slight decline in its stock price today, closing at $64.24, down 0.90 (1.40%) as of 1:37 PM EDT. The stock opened at $65.
While the S&P 500 includes industry leaders, not every stock in the index is a winner.
Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.
Let's have a look at what is happening on the US markets in the middle of the day on Wednesday. Below you can find the top S&P500 gainers and losers in today's session.
NASDAQ:LRCX is scoring great on several growth aspects while it also shows decent health and profitability. At the same time it remains remains attractively priced.
Chip equipment stocks Applied Materials, Lam Research, and KLA are down due to US tariffs on China. ASML reported solid earnings but faces tariff fallout.
