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Lam Research Corporation
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. The Company designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Its products and services are designed to help its customers build devices that are used in a variety of electronic products, including mobile phones, personal computers, servers, wearables, automotive vehicles, and data storage devices.
As per our previous US Diversified Opportunities Report published on ‘LRCX’ on October 10, 2024, Kalkine provided an ‘Buy’ stance on the stock at USD 73.26 based on technical analysis and the stock price has now moved down by ~12.27% since then and has attained resistance 1.
Noted below are the details of support and resistance levels provided in our previous report:
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