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Semtech Corp. - SMTC STOCK NEWS

Welcome to our dedicated news page for Semtech (Ticker: SMTC), a resource for investors and traders seeking the latest updates and insights on Semtech.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Semtech's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Semtech's position in the market.

Rhea-AI Summary
Semtech Corporation (Nasdaq: SMTC) appoints Julie Garcia Ruehl, a seasoned finance executive, to its board of directors, effective December 1, 2023. Ms. Ruehl brings extensive CFO experience across various industries and will also join the audit committee. The company aims to leverage her expertise to restore shareholder value and capitalize on the semiconductor industry's opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
management
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Rhea-AI Summary
Semtech Corporation (SMTC) plans to release its third quarter fiscal year 2024 financial results on December 6, 2023, followed by a conference call to discuss performance, business activities, and outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Semtech Corporation reaffirms its outlook for the third fiscal quarter of 2024, with net sales expected to be in the range of $190.0 million to $210.0 million and non-GAAP diluted loss per share in the range of $0.22 to $0.09.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
Tags
Rhea-AI Summary
Semtech Corporation announces pricing of $250 million convertible senior notes due 2028 in a private placement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
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none
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Rhea-AI Summary
Semtech Corporation plans to offer $250 million in convertible senior notes due 2028 in a private placement. The proceeds will be used to prepay term loans and cover fees and expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.78%
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none
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Rhea-AI Summary
Semtech Corporation announces a patent-pending Hybrid Cloud security feature for the management of its AirLink routers, combining the benefits of cloud technology with on-premise infrastructure for enhanced security and control.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.06%
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none
Rhea-AI Summary
Semtech Corporation announced the appointment of Mark Lin as its executive vice president and chief financial officer. As part of his employment agreement, Mr. Lin was granted a stock unit award of 75,939 shares of Semtech common stock. The award includes time-based vesting stock units and performance-based vesting stock units. The time-based vesting stock units will vest over a three-year period, while the performance-based vesting stock units are subject to certain financial measures and Semtech's relative total shareholder return. The stock units awarded to Mr. Lin are structured to satisfy the 'inducement grant' exception.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.9%
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none
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Rhea-AI Summary
Semtech joins the Mobile Optical Pluggables Alliance (MOPA) Board of Directors to drive 5G wireless requirements and optical solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.1%
Tags
management
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Rhea-AI Summary
Semtech and Coherent's collaboration accelerates 200G per lane deployment with advanced optics
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
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Rhea-AI Summary
Semtech and Broadcom collaborate to showcase a 200G/lane optical transceiver at ECOC 2023, demonstrating the readiness of the technology for advanced switching platforms. This collaboration is an important milestone towards the implementation of 1.6T and beyond. The next generation of optical modules capable of bandwidths up to 1.6TB will drive the adoption of 51.2TB next generation switching platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.1%
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none
Semtech Corp.

Nasdaq:SMTC

SMTC Rankings

SMTC Stock Data

2.11B
63.68M
1.23%
130.29%
17%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States
Camarillo

About SMTC

semtech corporation is a leading supplier of high-quality analog and mixed-signal semiconductor products. we are dedicated to providing customers with proprietary solutions and breakthrough technology in power management, protection, advanced communications, human interface, test & measurement, as well as wireless and sensing products. our integrated circuits (ics) are employed in communications, computer and computer-peripheral, automated test equipment, industrial and other commercial applications.