genkur
Lam Research (NASDAQ:LRCX) and KLA (NASDAQ:KLAC) price targets were reduced by Jefferies due to a combination of weaker wafer fab equipment from China and a slowdown in memory demand.
“We are cutting our CY25 WFE outlook further to reflect a
WFE 2025 outlook cut lower due to China, lower DRAM demand: Jefferies
