Semtech Corp (SMTC)
Semtech Corporation (SMTC) is a leading supplier of high-performance analog and mixed-signal semiconductors. The company specializes in products for the Internet of Things (IoT), data center infrastructure, and communications markets, providing innovative solutions for connectivity, sensing, and power management. Founded in 1960, Semtech is headquartered in Camarillo, California.
Company News
Rosen Law Firm is investigating potential breaches of fiduciary duties by directors and officers of Semtech Corporation, encouraging shareholders to seek more information.
Semtech, a mid-cap semiconductor company, experienced significant stock volatility in 2025, initially dropping after reducing NVIDIA partnership expectations but subsequently rebounding with strong data center revenue growth and promising margin expansion strategies.
Specialty chipmaker Semtech reported record quarterly net sales of $257.6 million, representing a 20% year-over-year increase, with significant growth in its data center segment and improved net income.
U.S. stocks may open sluggishly on Tuesday as President-elect Trump threatens tariffs on Canada and Mexico. However, analysts remain optimistic about AI-linked sectors.
Semtech's (SMTC) fiscal first-quarter results benefit from strong momentum across the infrastructure and consumer markets amid softness in the industrial market.
