Citi's Downgrade Of Lam Research Was Jarring, Jim Cramer Says

There might be a glut of chips soon.
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Lam Research (LRCX) - Get Report been down in a straight line since it reported an excellent quarter and the reason why it's going down aside from Citi's (C) - Get Report downgrade is that they make the machines you need to make all different kinds of chips. And there might be a coming glut of chips which could mean cancellations for the kinds of machines that Lam makes.  

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