At WIRED's Big Interview event in San Francisco, AMD CEO Lisa Su rejected claims that the technology sector is drifting into an AI bubble. Pressed on whether the industry is in bubble territory, she responded, "Emphatically, from my perspective, no."
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Lam Research Corporation (NASDAQ:LRCX – Get Free Report) shares rose 2.8% on Wednesday following a better than expected earnings announcement. The company traded as high as $266.14 and last traded at $265.55. Approximately 9,488,484 shares traded hands during trading, a decline of 16% from the
