Welcome to our dedicated page for Semtech news (Ticker: SMTC), a resource for investors and traders seeking the latest updates and insights on Semtech stock.
Semtech Corp. develops high-performance semiconductor, Internet of Things connectivity, and cloud connectivity service technologies for data center networking, cellular infrastructure, industrial equipment, and connected-device applications. Company news commonly covers product launches across signal integrity, analog mixed-signal, wireless, and IoT systems, including high-speed optical interconnect ICs, LoRa technology, 5G RedCap modems, SurgeSwitch circuit protection devices, AirLink routers, Smart Connectivity services, and AirVantage platform capabilities.
Recurring updates also include financial results, investor conference participation, partner integrations, technology demonstrations, and deployments tied to AI data centers, industrial IoT, passive optical networks, video surveillance, and license-free IoT networks.
Semtech Corporation has announced the launch of the GN1848, a quad 56GBd PAM4 VCSEL driver aimed at enhancing performance and reducing costs for short-reach optical links. This new addition to the FiberEdge® platform enables high-speed multimode optical manufacturers to develop economical optical modules efficiently. The GN1848 supports 400GBASE-SR4/VR4 and 800GBASE-SR8/VR8 PAM4 applications and is currently available for sampling as wire-bondable bare die. The company emphasizes its commitment to delivering high-performance products tailored to the needs of its customers.
Semtech Corporation (SMTC) has unveiled a pioneering demonstration of its 200G PAM4 per lane technology at ECOC 2022 in Basel, Switzerland. This innovation enables 1.6T and 3.2T optical module deployments, showcasing a 200Gbps PAM4 signal over a 2 km single mode optical fiber link. The FiberEdge PMD chipsets, featuring advanced bandwidth, noise performance, and low distortion, are expected to significantly reduce networking costs. Semtech's advancements position it as a leader in high-speed data center solutions, marking a crucial milestone in optical technology.
Semtech Corporation (SMTC) announces the production of the FiberEdge® GN1700, a linear transimpedance amplifier (TIA) for 50Gbps PAM4 SFP56 5G wireless optical modules. This development, showcased at ECOC 2022, enables efficient pilot qualifications for 50Gbps PAM4 systems. The GN1700 works in conjunction with Semtech’s Tri-Edge™ GN2255 and GN2256 ICs, enhancing advanced 5G front haul architectures. The company emphasizes its commitment to meeting customer needs through innovative technology and timely execution.
Semtech Corporation (SMTC) announced a collaboration with Coherent Corp (COHR) to demonstrate their 200G optical solutions at ECOC 2022, highlighting innovative interoperability of Semtech’s FiberEdge 200G PAM4 EML driver with Coherent’s 200G EML. The joint solution aims to enhance data center applications with high-performance and low-distortion capabilities, paving the way for future terabit transceiver technologies. The demonstration will take place in Basel, Switzerland, showcasing advancements that signify a commitment to innovation in high-speed optical markets.
Semtech Corporation (SMTC) has partnered with Intent Technologies and Nexity Group to enhance building management through its LoRa devices and LoRaWAN standard. This collaboration aims to optimize operational efficiency, achieving a 10% reduction in building management costs. The IntentPlatform, which supports over 1.2 million residential units and 6 million square meters of office space, enables real estate professionals to monitor various metrics. With the smart buildings market projected to reach $141.71 billion by 2028, Semtech's technology is positioned to connect sensors for improved building management.
Semtech Corporation (SMTC) will participate in the Piper Sandler Growth Frontiers Conference in Nashville, TN, on September 13 at 2 p.m. CDT. Chief Financial Officer Emeka Chukwu will engage in a fireside chat, which will be available via a live webcast. Semtech specializes in analog and mixed-signal semiconductors and advanced algorithms for various applications. The company focuses on sustainability and reducing environmental impact through its products and practices. Further details are available on Semtech's website.
Semtech Corporation (SMTC) has announced its 20th collaboration with ProITAV for customized AV-over-IP solutions utilizing its BlueRiver® technology. This partnership highlights Semtech's significant role in the professional AV industry, with BlueRiver now serving over a third of ProITAV's customer base. The technology enables lower power usage and costs, facilitating the development of new SDVoE-enabled solutions. Semtech’s BlueRiver platform is recognized for its capabilities in replacing legacy systems, enhancing performance and scalability in AV signal distribution.
Semtech Corporation (Nasdaq: SMTC) reported strong financial results for Q2 FY2023, with record net sales of $209.3 million, up 3.5% sequentially and 13.1% year-over-year. The company achieved a record GAAP gross margin of 64.9% and non-GAAP gross margin of 65.2%. Diluted earnings per share came in at $0.81 (GAAP) and $0.87 (non-GAAP). Despite these achievements, Semtech anticipates a weaker second half of the year due to a deteriorating macro demand environment. For Q3 FY2023, the company expects net sales between $170.0 million and $180.0 million.
Semtech Corporation (NASDAQ: SMTC) has launched the CopperEdge™ product portfolio, starting with the GN8112, a 112G PAM4 quad linear equalizer. This product targets next-generation 400G and 800G data center interconnects, allowing active copper cables to extend connections up to five meters, ensuring low power consumption (0.75 Watt) and low latency (<10ps). The GN8112 is now available for sampling, aiming to meet the growing demand for high-performance data center solutions in cloud computing and AI applications.
Semtech Corporation (NASDAQ: SMTC) announces a collaboration with IoT Ventures and Lacuna Space to implement a Drought Early Warning System in New Zealand and South Pacific communities. Utilizing Semtech's LoRa devices, this network of low-cost sensors analyzes water consumption and rain forecasts to manage water supplies efficiently. The solar-powered sensors offer an operational life of 7 to 10 years, helping mitigate drought impacts. The solution aligns with United Nations Sustainability goals by providing reliable access to clean water and facilitating resource management.