Why Lam Research Stock Easily Topped the Market on Thursday

Thanks to an earth-shaking event in the chip industry it serves so faithfully, semiconductor equipment specialist Lam Research (LRCX 3.63%) experienced a pleasant share price rise on Thursday. Bullish investors bid the company's stock up by almost 4% in price, effortlessly beating the 0.5% gain of the S&P 500 (^GSPC 0.48%) that trading session.