After a higher open, it rallied another $0.20 at $75.00 before the rally took a breather. That high is shy of its August 10 high, when it peaked at $76.45 but weakened to close $69.47. On that day, its merger with Lam Research was delayed to regulatory scrutiny.
The decline off the high found support ahead of the upper-end of Thursday's range ($72.55), only reaching $73.27 and is now attempting to remain in the $74 handle.
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