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Moreover, the discussion highlighted the strategic management of supply chains, especially concerning rare earth minerals, which are crucial for semiconductor production. LAM Research has effectively navigated the complexities of resource acquisition amidst global tensions, ensuring its operational stability.
Shifting Sentiments Toward Major Tech Players
In parallel, the tech sector has been experiencing fluctuations, particularly concerning companies like Meta and Apple. Meta, which faced declines after an impressive winning streak, sparked a notable shift in investor sentiment. JJ Kenahan from Tasty Trade discussed the bearish turn for Meta, attributing it to alarm over its rapid stock price rise and concerns over sustainability.