OpenAI secured a significant deal with Samsung and SK Hynix for memory supply. Lam Research’s stock soared 6.6% on the news, hitting all-time highs. The company’s equipment is crucial for stacking semiconductor materials. Intel may also land AMD as a foundry customer, boosting semiconductor investment and potentially benefiting Lam Research.

Read more at Nasdaq: Why Lam Research Rocketed to All-Time Highs Today