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Earnings Results: Lam Research stock plummets after supply-chain issues lead to disappointing sales and earnings forecast

Earnings Results: Lam Research stock plummets after supply-chain issues lead to disappointing sales and earnings forecast

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Lam Research Corp. shares plunged in late trading Wednesday after the chip-equipment supplier reported worse fourth-quarter revenue and first-quarter guidance than expected, which the chief executive attributed to “supply chain conditions.”

...read full article on Market Watch

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