Semtech Stock Price, News & Analysis

Semtech Corporation (SMTC) has launched the new LoRa Edge LR1120, enhancing its IoT offerings by integrating satellite-based technology for global low-power geolocation. This device enables seamless supply chain management and logistics with improved interoperability across multiple regulatory zones. Key features include multi-band LoRa capabilities and a cloud-based geolocation solver, enabling a wide range of applications from infrastructure monitoring to agriculture.

Industry experts believe this innovation could significantly transform the landscape of remote monitoring and logistics.

Semtech Corporation (NASDAQ: SMTC) has announced a collaboration with JAM-Labs to integrate its BlueRiver® platform into new surgical displays. This partnership allows JAM-Labs to offer near-zero latency, uncompressed 4K video for operating rooms, enhancing surgeon performance and patient care. The BlueRiver technology streamlines operations by eliminating external converters, providing a cleaner setup. This advancement positions Semtech as a key player in medical technology, showcasing the capabilities of Software Defined Video over Ethernet (SDVoE) in healthcare environments.

Semtech Corporation (NASDAQ: SMTC) announces collaboration with Enthu Technology Solutions India and Xorowin Mechatronics to launch SIPOAL, a smart single point lubricator using LoRaWAN technology. This device enhances industrial automation by providing real-time lubrication monitoring, reducing operational costs, and improving machine uptime. Deployed in sectors like textiles and food processing, SIPOAL can be configured via mobile and web platforms, showcasing its long-range capabilities under various industrial conditions. This innovative solution meets the growing demand for automation in smart factories.

The LoRa Alliance has expanded the program for the LoRaWAN World Expo, scheduled for July 6-7, 2022 in Paris. The event will showcase industry leaders discussing LoRaWAN's role in supporting businesses' ESG practices while ensuring strong ROI. Key topics will include resource conservation and the technology's growth amid digital transformation. Featured speakers include notable figures from Microsoft, the EU Commission, and Tata Communications, focusing on sustainability and societal issues.

Semtech (SMTC) announced a collaboration with Vutility to launch the ‘HotDrop,’ an IoT-enabled energy monitoring solution using LoRaWAN technology. This device allows for real-time circuit-level energy monitoring, improving operational efficiency and reducing energy costs by providing 90% lower total ownership costs compared to competitors. The HotDrop is easy to install with a QR code, self-powered, and maintenance-free, enhancing the energy management landscape. This solution aligns with sustainability initiatives vital for the utilities market.

Semtech Corporation (NASDAQ: SMTC) announces the integration of its AVXT™ technology into Lightware's new TPX devices, enhancing AV extension for classrooms and conference rooms. The TPX extenders support HDMI 2.0 signal management over a single CATx cable, ensuring HDCP 2.3 and Dolby Vision compatibility. Key features include fan-less passive cooling and bidirectional remote powering. This partnership showcases the superior capabilities of Semtech’s AVXT technology, promising cost-effective, high-performance AV solutions.

Semtech Corporation (Nasdaq: SMTC) reported strong financial results for the fourth quarter and fiscal year 2022. Q4 net sales reached $190.6 million, with GAAP diluted EPS of $0.53 and non-GAAP diluted EPS of $0.70. For FY2022, Semtech achieved record net sales of $740.9 million and GAAP diluted EPS of $1.92. The company saw significant growth in its LoRa-enabled net sales, which totaled $134.1 million, growing by 52.6%. For Q1 FY2023, Semtech anticipates net sales between $195 million and $205 million amid supply chain uncertainties.

Semtech Corporation (NASDAQ: SMTC) has announced the launch of new integrated circuits, GN2555 and GN2556, designed for long reach optical links in data centers. These ICs are part of the Tri-Edge clock and data recovery transmitter solutions, offering lower power consumption, reduced latency, and cost savings for users. The GN2555 features integrated directly modulated laser (DML) drivers, while the GN2556 includes externally modulated laser (EML) drivers. Both comply with IEEE 802.3bs standards and support various low-cost laser options.

Semtech Corporation (NASDAQ: SMTC) has introduced the GN2559S, a new ultra-low power Tri-Edge™ clock and data recovery (CDR) receiver tailored for short reach (SR) and long reach (LR) optical links. This next-generation receiver boasts a power reduction of 400mW compared to its predecessor and delivers low latency. The GN2559S is now available for sampling, alongside complete reference design kits. This launch follows the successful deployment of Semtech’s previous Tri-Edge PAM4 SR CDR chipset in major Cloud data centers, reinforcing its commitment to advanced optical networking solutions.