The company's outlook could be complicated by trade relations, but the stock is still up 72% over the last year.
News & Analysis: Lam Research
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It was the second consecutive month of double-digit gains for the semiconductor equipment maker.
LRCX earnings call for the period ending June 30, 2020.
Several of the semiconductor equipment company's big customers reported positive developments, bringing its shares up along with them.
The rise fell short of record highs but reflected greater optimism.
This semiconductor equipment manufacturer has a bright future, but has been held back by near-term concerns.
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