Lam Research (LRCX) Jumps on Morgan Stanley Upgrade: Is the AI Wafer-Equipment Rally Running Hot or Just Getting Started?
As of Tuesday, December 2, 2025, Lam Research Corporation (NASDAQ: LRCX) is back in the market spotlight. The semiconductor equipment maker’s stock climbed to around $157–$158 per share in afternoon trading, up roughly 2% on the day after Morgan Stanley