This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Lam Research Corp. advanced 8.7% to $218.36 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 6,966.28 and the Dow Jones Industrial Average rising 0.5% to 49,504.07.
The stock's rise snapped a two-day losing streak.
Lam Research Corp. hit a new 52-week high, surpassing its previous peak of $210.45, which the company achieved on January 6th.
The stock outperformed some of its peers, as Advanced Micro Devices Inc. fell 0.7% to $203.17, Applied Materials Inc. rose 6.9% to $301.18, and Analog Devices Inc. rose 0.59% to $300.93.
Trading volume totaled 16.6 million, compared to the 50-day average of 11.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
January 09, 2026 16:33 ET (21:33 GMT)
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