Lam Research stock rises on strong demand for AI chip equipment

Name: Lam Research stock rises on strong demand for AI chip equipment
Uploaded: 2025-10-23T16:03:10Z
Duration: 27 s
Description: Lam Research Corp. stock is up over 3% and more than 95% this year, driven by strong earnings and increasing demand for its chip equipment. Lauren Simonetti reports that more companies are ordering their equipment to produce AI chips, while Lou Basenese adds that being leveraged to the semiconductor world is crucial, calling it the 'oxygen of this economy.'

Varney & Company · FBN · Oct 23, 2025 · 27s

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Lam Research Corp. stock is up over 3% and more than 95% this year, driven by strong earnings and increasing demand for its chip equipment. Lauren Simonetti reports that more companies are ordering their equipment to produce AI chips, while Lou Basenese adds that being leveraged to the semiconductor world is crucial, calling it the 'oxygen of this economy.'