Lam Research stock after-hours at EUR 286.05: plus 3.67 percent versus prior close
Published on 09/29/2026 at 22:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Lam Research traded at EUR 286.05 after-hours at 10:25 p.m. CEST on September 29, 2026, up 3.67 percent versus the prior close of EUR 275.93 at Lang & Schwarz. The quote showed a bid of EUR 285.55 and an ask of EUR 286.55.
Annual meeting set for November
The U.S. Securities and Exchange Commission filing states that Lam Research Corporation will hold its virtual 2026 annual meeting on November 3, 2026, at 9:30 a.m. Pacific Time. Stockholders are scheduled to vote on 10 director nominees, executive compensation, the appointment of KPMG LLP as independent registered public accounting firm for fiscal year 2027, and a stockholder proposal if properly presented.
The filing was dated September 24, 2026. It also states that Lam Research will not provide a business update at the meeting and directs stockholders to its latest quarterly earnings report for the most recently provided outlook.
Management discusses equipment demand
At Citi’s 2026 Global TMT Conference on September 9, Lam Research Chief Financial Officer Doug Bettinger said the company’s view of calendar 2026 wafer fabrication equipment spending had risen from $135 billion to $140 billion and then to the low-$150 billion range, according to an Investing.com transcript.
Management also discussed clean-room capacity as an industry constraint, the planned second Malaysia facility, and a revised estimate of $9 billion to $10 billion of WFE spending for every $100 billion in AI data-center capital spending. The company said its latest-quarter gross margin was 52 percent and described a path toward the mid-50s over time.
