Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

Heurist Finance

Semiconductor stocks surge following strong earnings and capital expenditure guidance from Microsoft and Lam Research.

CNBC ·
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Semiconductor stocks surge following strong earnings and capital expenditure guidance from Microsoft and Lam Research.
  • Semiconductor stocks rebounded on Thursday, led by a 20% surge in Lam Research following strong earnings and AI-driven guidance.
  • Microsoft lifted chip investor sentiment by reporting strong Azure cloud growth and increasing its capital expenditures to meet AI demand.
  • Memory makers like Micron gained after Samsung warned that the current memory crunch could persist until 2028.
  • Arm Holdings rose 6% as demand for its new in-house AGI CPU chip surpassed $2 billion for fiscal years 2027 and 2028.

Quotes

“The demand for the product is great, and more importantly, I think it underpins the fact that the market for CPUs, for agentic workloads and around inference is just key, and we’re just seeing that grow”— Rene Haas

Sources