Elevation Point Wealth Partners trimmed its Lam Research stake by 5.9%, offloading nearly 3,000 shares in the first quarter.

Lam Research Corp. closed 17.34% below its 52-week high of $113.00, which the company achieved on July 11th.

The artificial intelligence (AI)-driven, astonishing bull run of 2023 and 2024 has suffered major hurdles in 2025. The Fed’s ...