LAM RESEARCH CORP
No SEC Form 4 filings for $LRCX in the last 30 days.
Japan’s Nikkei 225 fell 0.68% to 64,716.44 on Tuesday, snapping a three-session gain, with weakness in index heavyweights, automakers and tech. Advantest dropped over 5%, Tokyo Electron fell more than 2%, while SoftBank rose over 8%. The dollar traded around 158 yen; WTI crude slid 5.2% to $91.56.
Japan’s Nikkei Stock Average closed at 65,158, up 1,819 yen and a record all-time high, as investors bought AI- and semiconductor-linked shares. TOPIX also hit a new high; TSE Growth 250 rose 1.7%. Kioxia and SoftBank gained on investor-day and AI/Arm expectations. Foreign buying dominated; TSE Prime trading value stayed near 9 trillion yen.
Goldman Sachs said hedge and mutual funds are shifting toward AI-linked semiconductors and away from software. Strategists led by Ben Snider found semis’ weight in hedge-fund long portfolios hit a record high while software’s fell to the lowest since 2019, based on filings as of May 18. Hedge funds added Lam Research, Applied Materials and ASML; mutual funds added Intel and SiTime. Goldman also cited 10% YTD returns for shared favorites and noted hedge funds’ exposure rose to a one-year high.
