Lam Research Corp (LRCX) stock saw a modest uptick, ending the day at $83.25 which represents a slight increase of $1.75 or 2.15% from the prior close of $81.5. The stock opened at $82.43 and touched a low of $82.

Yesterday, a group of technology companies, including Oracle, Softbank and OpenAI, gathered at the White House to announce Stargate. Stargate is an AI-related joint venture, bringing these companies and other investors together to build out next-generation AI infrastructure in the U.S.

Shares of Lam Research Corp. LRCX advanced 2.15% to $83.25 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.61% to 6,086.

Lam Research (LRCX) closed the most recent trading day at $81.50, moving +1.49% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.88%. At the same time,