Lam Research Corporation (NASDAQ:LRCX) shares are trading higher by 4.4% to $786.01 during Thursday’s session. Shares of several semiconductor and chip stocks are trading higher in sympathy with Taiwan Semiconductor Mfg. Co. Ltd. after the company reported strong fourth-quarter financial results. When a leading company in the industry, such as TSMC, reports strong financial results, it can positively impact the entire sector. Investors often view strong performance in one major player as an indication of favorable conditions for the industry as a whole. What Happened With TSMC Earnings? Taiwan…

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