Semtech Corporation (Nasdaq: SMTC) is a semiconductor company that designs and sells high-performance analog and mixed-signal integrated circuits and systems. The company operates through three reportable segments: Signal Integrity, which provides products for AI data center networking and high-speed connectivity; Analog Mixed Signal and Wireless, which includes LoRa-based wireless platforms and protection/sensing products; and IoT Systems and Connectivity, which supplies IoT modules and gateways. Semtech serves infrastructure, industrial, and consumer end markets globally. The company is currently in the process of divesting its cellular module business, which has been classified as held for sale, as part of its portfolio optimization strategy to focus on higher-margin semiconductor products. Updated
AI data center networking just became Semtech's growth engine: Signal Integrity revenue rose 64% year over year. Management guided Q3 sales to roughly $410 million, a step up that assumes record backlog converts.
Semtech Corporation (Nasdaq: SMTC) is a semiconductor company that designs and sells high-performance analog and mixed-signal integrated circuits and systems.