Category: tiptoe
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US futures tiptoe higher with labor data lying in wait
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Investor EmpiresThe AI chip craze is expected to bring big business to Lam Research (LRCX). The chip supplier, whose customers include Intel (INTC), Samsung and Taiwan Semiconductor Corporation (TSMC), expects its high-bandwidth memory business to triple this year, and expects “stronger” demand in 2025. “Frankly, I see continued strength for the…