On October 12, Lam Research fell 3.12% in regular trading, trading at $308.86/share, with Turnover of $138 million. On the news front, Wells Fargo raised its price target on the company from $350 to $355, but the limited increase failed to lift market sentiment, and the stock extended its recent pullback. Meanwhile, the broader semiconductor equipment sector remained under pressure, with ASML Holding down 1.17%, Applied Materials down 2.69%, KLA Corporation down 2.80%, and Teradyne down 4.32% during the session.

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