Lam Research Corp (LRCX) — Technical state

Dailies

• Storage — Seagate −9.2%, Western Digital −6.9% on a record day for the S&P 500 and the NasdaqMorning 10 · 7 Oct 2026The chip-equipment makers fell for a second day — KLA −4.5%, Lam Research −3.4%.
• S&P 500 — record high as Marvell jumps 7.6% on its investor day; chip-machine makers slideMidday 10 · 6 Oct 2026The makers of chip-production machines fall: KLA −4.3%, Lam Research −3.1%, Applied Materials −1.9%.
• Memory — Samsung and SK Hynix drop 4% as Seoul reopens, storage follows; Nasdaq futures slipMorning 10 · 28 Sept 2026
• Asian Chips — Korea’s chip exports more than tripled and the Kospi touched 7,000, with Tokyo shutMorning 10 · 21 Sept 2026The equipment three rose hard on Friday and still lost the week: Applied Materials $444.57, +6.5% on the day and −2.6% over five sessions; Lam Research $288.11, +7.0% and −3.4%; KLA $176.99, +4.7% and −2.0%.
• Expiry Friday — the equipment names join at last: Applied +4.4%, Lam +5.2%, memory ETF over $58, 10-year back at 5%Midday 10 · 18 Sept 2026Applied Materials +4.4% to $435.73, Lam Research +5.2% to $283.41, KLA +2.7% to $173.56 — the equipment three that only stopped falling on Thursday are leading the semiconductor ETF +1.1% to $524.57 at midday, above the $505 and $517.43…
• Yen — the Bank of Japan hikes and the dollar holds 157: the carry trade pays, the lines held, chips +3.4% over $505Morning 10 · 18 Sept 2026The design side was bought wide — Arm +8.6%, Intel +7.7%, AMD +6.4% to $545.09, Micron +5.5% to $977.50, Marvell +4.8%, TSMC +3.0%, Nvidia +2.5% to $219.34, Astera Labs +9.1% — and the equipment three only stopped falling: Applied…
• Rates — the Fed hikes and the 10-year closes above 5%: the belly sold, the relief unwound, chips back under $505Morning 10 · 17 Sept 2026The sort we have carried since Monday held its shape: the design names were bought, AMD +1.6% to $512.50, Marvell +3.6%, TSMC +1.2%, Arm +0.9%, Nvidia +0.8% to $213.90; the equipment names were sold a third session, Applied Materials…
• Fed day — relief before the decision: 10-year 4.96%, Brent under $107.63, chips reclaim $505, Nasdaq-100 above $708.69Midday 10 · 16 Sept 2026The reading we set on Tuesday — equipment against design as the volume question — leans the right way today: KLA +1.5%, Lam Research +0.8%, Applied Materials +0.2%, all green, none leading.