Semtech (NASDAQ:SMTC) raised its fiscal third-quarter 2027 outlook and outlined long-term financial targets through fiscal 2030, citing growth in data center connectivity and LoRa products, higher-margin portfolio mix and a substantially improved balance sheet.
During the company’s analyst day, Sem
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the semiconductor manufacturing industry, ...
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Semtech (NASDAQ:SMTC) has outperformed the market over the past 5 years by 5.47% on an annualized basis producing an average annual return of 16.97%. Currently, Semtech has a market capitalization of $15.63 billion.
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Semtech (NASDAQ:SMTC) has outperformed the market over the past 10 years by 3.58% on an annualized basis producing an average annual return of 16.91%. Currently, Semtech has a market capitalization of $12.30 billion.
Semtech topped Q2 estimates with 32.5% revenue growth and raised guidance, driven by data center demand, improved margins, debt reduction, and a consensus price target near $200.
What Happened? Shares of semiconductor company Semtech (NASDAQ:SMTC) jumped 9% in the afternoon session after the company delivered strong second-quarter fin...
Semiconductor company Semtech (NASDAQ:SMTC) reported Q2 CY2026 results exceeding the market’s revenue expectations, with sales up 32.7% year on year to $341....
