LRCX ▲ +1.8% - Lam Research Corporation $LRCX - Lam Research Announces Retirement of Michael R. Cannon and Sohail U. Ahmed from Board of Directors Lam Research shares rose 1.8% following the company's announcement that board members Michael R. Cannon and Sohail U. Ahmed will be retiring from the board of directors. The headline does not specify reasons for the retirements or details about their replacements, so the cause of the stock's modest gain is unclear from the information provided. 27-AUG-2026 07:30 PM ET