Fiera Capital Corp Boosts Position in Lam Research Corporation $LRCX

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Fiera Capital Corp significantly increased its stake in Lam Research Corporation by 111.1% in the third quarter, now owning 199,787 shares valued at over $26.75 million. This move comes amidst positive sentiment from analysts and a projected industry spending surge in 2026 driven by AI demand, benefiting semiconductor equipment companies like Lam Research. The company also announced a quarterly dividend and strong earnings, beating analyst estimates.

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