Lam Research (LRCX) Gains on Sector M&A Headlines

September 29, 2016 1:28 PM EDT

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Lam Research (NASDAQ: LRCX) is another chip stock seeing upside on reports Qualcomm (NASDAQ: QCOM) is in talks to acquire NXP Semiconductors (Nasdaq: NXPI). Shares of LRCX are up 1.2%.

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