Lam Research shares fall 11.76% while reports point to supply bottlenecks

Lam Research Corp shares fell 11.76% to 230.15 dollars on 22 October 2026, our end-of-day data show. The move is measured against the previous close, the price when trading ended the day before.

Reports say supply bottlenecks are holding back revenue at Lam Research. One report says the company topped first-quarter targets and issued upbeat guidance, and the stock still fell.

Another report links the drop to supply constraints that may be capping growth, and it cites what analysts say. The reports do not give the size of the revenue held back.