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Telemark Asset Management LLC Buys New Shares in Lam Research Corporation $LRCX
Telemark Asset Management LLC has acquired a new 25,000-share stake in Lam Research Corporation (NASDAQ:LRCX) valued at approximately $3.35 million during the third quarter. This purchase contributes to institutional investors holding about 84.6% of the company’s stock. The article also notes an insider sale by Director Eric Brandt, strong quarterly earnings that beat expectations, and several analyst upgrades, reflecting positive sentiment driven by AI and memory demand.