Lam Research Corp Stock Price Declines Amid Ongoing Trade Tensions
Lam Research Corp, a semiconductor equipment manufacturer, has seen its stock price decline due to the ongoing trade tensions between the US and China. The company’s stock price has been affected by the recent tariff announcements, which led to a decline in the Nasdaq composite index of 11% over two days.
Market Impact
The semiconductor industry, in which Lam Research operates, is vulnerable to disruption caused by tariffs due to its reliance on global supply chains. As a result, the company’s stock price has declined in recent days.
Key Statistics
- Nasdaq composite index declined 11% over two days following the tariff announcement
- Lam Research Corp’s stock price has been affected by the market volatility
Market Outlook
The market volatility is expected to continue, making it challenging for investors to predict the future performance of Lam Research Corp.