Semtech Stock Price, News & Analysis

Semtech (SMTC) announced a major implementation of its LoRa® technology in one of the UK's largest smart water metering projects with Yorkshire Water and Netmore Group. The initiative will deploy 1.3 million smart water meters over five years. Early results show impressive water savings of 1.22 megaliters daily, with over 1,000 customer-side leaks identified. The project is expected to achieve 8 megaliters of daily leakage reduction at full deployment, a 2-liter per person daily reduction in household consumption, and 15% lower non-household water demand by 2050. The solution features a sophisticated network architecture ensuring 90% dual gateway connectivity, with meter batteries lasting up to 15 years.

Semtech Corporation (SMTC) has reported achieving 99.95% network uptime in 2024 through its enhanced global mobile network infrastructure. As a full Mobile Virtual Network Operator (MVNO), the company's AirVantage® Smart Connectivity service utilizes AI-enabled network operations to strengthen IoT connectivity security and optimize performance.

The company's Global Network Operations Center (GNOC) provides 24/7 monitoring with AI-powered systems that detect and prevent security threats, unauthorized SIM usage, and potential network anomalies. The platform includes intelligent network optimization features that identify connectivity issues and excessive data consumption, while also offering enhanced customer support capabilities that reduce Mean Time to Resolution (MTTR) for technical issues.

Semtech Corporation (NASDAQ: SMTC), a semiconductor and IoT systems provider, has scheduled its first quarter fiscal year 2026 earnings conference call for Tuesday, May 27, 2025, at 1:30 p.m. PT (4:30 p.m. ET). The financial results will be released after market close on the same day via Business Wire and the company's website.

Investors can participate in the conference call by dialing 877-407-0312 (toll-free) or 201-389-0899 (international) with confirmation code 13746451. A live webcast will be available through Semtech's Investor website, with a replay and transcript accessible after the call.

Semtech Corporation (SMTC) has appointed Mitch Haws as Senior Vice President of Investor Relations. Haws brings extensive experience from his previous roles at Advanced Micro Devices, Skyworks Solutions, and Freescale Semiconductor. He is a certified Investor Relations Charter holder and NIRI fellow, currently serving on the NIRI Board of Directors.

As part of his compensation package, Haws received 30,110 restricted stock units (RSUs) and a performance-based RSU award targeting an additional 30,110 shares. The RSUs will vest over time, while the PRSUs are tied to Semtech's performance metrics including net revenue, non-GAAP operating income, and relative total shareholder return over fiscal years 2026-2028.

Semtech Corporation (SMTC) will showcase its latest IoT innovations at IoT Solutions World Congress in Barcelona, May 13-15, 2025. The company will demonstrate its fourth-generation LoRa Plus LR2021 transceiver, featuring increased data rates up to 2.6 Mbps across multiple frequency bands. The technology supports both terrestrial and SATCOM networks, addressing growing demand for AI-enabled edge devices. According to Omdia analyst projections, LoRaWAN connections are expected to reach 1.3 billion by 2030. The event will feature interactive demonstrations at Semtech's stand D9 in Hall 8, showcasing applications including image transfer, ranging capabilities, one-channel hub operations, and energy harvesting solutions. The company's LoRa ecosystem currently supports over 410 million end nodes globally.

Semtech Corporation (SMTC) has partnered with Sonova AG to develop the ERA™ chip, an ultra-small and ultra-low power 2.4GHz wireless radio and power management IC for hearing aids. The chip enhances Bluetooth connectivity, improves reliability, extends transmission distance, and optimizes battery efficiency.

The technology addresses a significant market opportunity, as the WHO projects 2.5 billion people will have some degree of hearing loss by 2050, with 700 million requiring rehabilitation including hearing aids. The annual global economic impact of unaddressed hearing loss is estimated at $980 billion USD.

Semtech (SMTC) has successfully increased its revolving credit facility by $117.5 million, bringing the total facility size to $455.0 million through a Fourth Amendment to its Third Amended and Restated Credit Agreement. The amendment maintains existing financial covenants and material terms while partially replacing borrowing capacity maturing on November 7, 2024.

The facility remains largely undrawn, with only $2.9 million in outstanding letters of credit. Additionally, the company has utilized operational cash flow to repay $10 million on its term loan in Q1 FY2026, aligning with its strategic priority of reducing leverage. Three new institutions have joined the lending group as part of this expansion.

Luxshare-Tech and Semtech (SMTC) have announced the immediate availability of their 1.6T OSFP Active Copper Cable (ACC) at OFC 2025. The new cable, powered by Semtech's CopperEdge™ technology, features 224G/lane linear equalizer/redriver ICs for high-bandwidth connectivity in data center infrastructure.

Key features include:

• Extended reach up to 3 meters at 224G/lane for multi-rack interconnection
• Ultra-low latency under 100ps for AI/ML workloads
• Up to 10x lower power consumption compared to DSP-based solutions
• Protocol-transparent operation for wide application compatibility

The collaboration aims to address interconnect bottlenecks in cluster scaling, particularly benefiting AI/ML data center architectures.

Semtech (SMTC) has unveiled its CopperEdge family of active copper cable and on-board equalization technology, featuring the GN8214, GN8224, and GN8234 solutions. This breakthrough technology targets AI/ML data center deployments with significantly reduced power consumption compared to traditional DSP-based Active Electrical Cables.

Key innovations include:

• Ultra-low power consumption of less than 2W per cable end (90% lower than DSP-based AECs)
• Sub-100ps latency, offering 100x improvement over DSP-based retimers
• Extended reach performance: 800G copper cables to 5m and 1.6T copper cables to 3m

The portfolio supports both current and emerging connectivity standards, with GN8214 optimized for 112G/channel PAM4 applications (800G connectivity), while GN8224 and GN8234 target next-generation 224G/channel PAM4 deployments (1.6T connectivity).