New York, Feb 25, 2026, 15:02 EST — Regular session.

• Lam Research shares tacked on roughly 2% during the afternoon session, holding close to their latest peak levels.
• Morgan Stanley bumped up its price target, pointing to a more upbeat outlook for DRAM-driven spending.
• Fresh signals around wafer-fab equipment demand are in focus for traders, with upcoming investor events also on their radar.

Shares of Lam Research (LRCX.O) picked up roughly 2% on Wednesday, hovering near $249 and testing the top of their latest range. (markets.businessinsider.com)

This has become a key point for chipmaking-tool shares, which lately seem to live or die on 2026 factory spending forecasts—memory in particular. Even a slight…