Lam Research Is Down About 19% From Its Peak. July 29 Earnings Could Reset the Entire Chip Equipment Trade. Lam Research Is Down About 19% From Its Peak. July 29 Earnings Could Reset the Entire Chip Equipment Trade. Wall St Warrior July 11, 2026 Record $5.84B revenue, a $140B WFE outlook, and a sector that just got a wave of analyst... Read More Read more about Lam Research Is Down About 19% From Its Peak. July 29 Earnings Could Reset the Entire Chip Equipment Trade.