Lam Research stock heads into the open after a 7.1 percent drop
Published on 09/15/2026 at 08:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Lam Research stock closed at about USD 277 on the Nasdaq on September 14, 2026, down roughly 7.1% from a prior close of USD 298.22 as semiconductor equipment names came under pressure in the latest session per Nasdaq data cited by MarketBeat and Tickeron.
September 14, 2026 in numbers
Lam Research Corp. (ISIN US5324571083, Nasdaq: LRCX) saw its shares drop from a prior close of USD 298.22 to around USD 277.12 on September 14, 2026, a decline of about 7.1%, with intraday trading showing a gap down open near USD 275 according to price alerts from MarketBeat and session commentary from Tickeron.
As Tickeron and a sector wrap from 24/7 Wall St reported on September 14, 2026, the drop in Lam Research formed part of a broader selloff in chip equipment makers after an AI demand pacing call raised worries about how quickly fab spending and memory demand can keep up, with Lam Research sliding around 6% to 7% alongside peers such as Applied Materials and ASML.
In the same session the Nasdaq Composite index finished lower by about 0.6%, meaning Lam Research underperformed the benchmark technology gauge as concerns over AI infrastructure and semiconductor capital spending weighed more heavily on equipment suppliers than on the broader market, according to a market wrap from Wall Street Journal.
Outlook today and next earnings date
Today, September 15, 2026, Lam Research enters the Nasdaq session after that sharp sector-driven decline, with investors focused on how ongoing AI infrastructure spending and memory demand will translate into future orders for wafer fabrication equipment following the cautious commentary highlighted in chip equipment coverage by 24/7 Wall St.
According to an earnings overview summarized by Ad-hoc news, the next Lam Research earnings release is expected on October 21, 2026, a forthcoming checkpoint at which the market will reassess whether the company can sustain its order momentum, revenue growth and margin guidance into late 2026 after the recent sector volatility.
