🟢 Lam Research is trading 3.14% up in pre-market on broad semiconductor strength

Lam Research is trading at $319.91, up +3.14% in pre-market after broad semiconductor strength lifted chip-equipment shares.

• SMH is up 4%; Intel, AMD, and Marvell each gained about 2%, while Nvidia rose 0.9%.
• No new company-specific announcement directly explains the August 25 move; Lam Research’s previously announced more than $3 billion R&D expansion was updated August 24.