Lam Research's (LRCX -3.7%) proposed acquisition (I, II) of Novellus (NVLS +21.1%) is giving a...

|About: Lam Research Corporation (LRCX)|By:, SA News Editor

Lam Research's (LRCX -3.7%) proposed acquisition (I, II) of Novellus (NVLS +21.1%) is giving a lift to several of the companies' peers, as investors hope the merger of the third and fourth largest U.S. chip equipment makers will spur further consolidation in the downtrodden industry. UTEK +5.8%. CYMI +4.1%. NANO +3.7%. KLIC +4.6%. ASMI +3.3%. AIXG +3.5%. MKSI +3.2%.