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flag Investment firms boost holdings in Lam Research after strong earnings and dividend announcement.

flag Several investment firms have increased their holdings in Lam Research, a semiconductor equipment maker, with Parallel Advisors and 180 Wealth Advisors among the buyers. flag Lam Research reported a strong first quarter, beating earnings expectations with $1.04 per share, and has a market cap of about $102.74 billion. flag The stock closed at $80.32 and has a price-to-earnings ratio of 24.40. flag The company also announced a quarterly dividend of $0.23 per share.

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