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 Corporation (Nasdaq: SMTC) is a high-performance semiconductor, IoT systems and cloud connectivity service company whose activities generate a steady stream of technology, product and financial news. This news page aggregates coverage of Semtech’s announcements, earnings results, investor events and product launches, giving readers a focused view of how the company is executing across its semiconductor and IoT portfolio.
Recent Semtech news has included quarterly financial results, participation in technology and investor conferences, and the introduction of new platforms and solutions. Examples include third quarter fiscal year 2026 results, where management discussed returns on research and development investments and the role of ultra-power-efficient solutions in data center networking, LoRa connectivity and sensing technologies. The company also issues press releases about its presence at major industry events such as CES, where it showcases IoT connectivity, smart sensing and protection technologies for smart cities, smart home automation, robotics, automotive interfaces and consumer electronics.
Product-focused news highlights innovations like the Unified Software Platform (USP) for LoRa Plus devices, designed to support multiple IoT protocols on a single hardware platform, and device-to-cloud cellular and satellite IoT offerings that combine LPWA modules, Smart Connectivity Premium SIM and satellite NTN access. Other updates cover Semtech’s AirLink 5G router portfolio for public safety, featuring network slicing capabilities and integrations with carrier programs aimed at first responders.
Investors and industry observers can use this page to follow Semtech’s earnings announcements, convertible note offerings and capital structure updates, along with technology demonstrations, partnerships and ecosystem activities. For anyone tracking SMTC, this news feed provides a centralized view of the company’s operational, financial and product-related developments over time.
Semtech (Nasdaq: SMTC) announced that its Board Chair, Ye Jane Li, has been selected as a 2024 NACD Directorship 100 Honoree. The National Association of Corporate Directors (NACD) award recognizes influential directors and leaders in corporate governance for their excellence in the boardroom. NACD, with over 24,000 members, has been acknowledging influential figures in corporate governance since 2007.
Semtech's president and CEO, Hong Hou, expressed pride in Li's recognition, highlighting her commitment to excellence and integrity, as well as the importance of diversity in leadership. Li, in turn, emphasized the significance of diverse voices in corporate governance and the potential to inspire future generations of leaders.
Semtech (Nasdaq: SMTC) has announced a collaboration with Traxmate to offer a seamless indoor and outdoor asset tracking solution. This hybrid solution combines Traxmate's precise location and tracking services with Semtech's low-power, location-aware LoRa Edge platform, providing unmatched efficiency for positioning, tracking, and routing of IoT-connected assets.
The collaboration aims to address the growing IoT-supported asset tracking market, which is expected to account for over 90% of all connected enterprise and industrial options by 2030. By enabling real-time tracking of high-value assets, businesses can significantly reduce loss and theft, potentially mitigating the estimated $30 billion annual impact of cargo theft in the U.S. alone.
Semtech will showcase its latest LoRaWAN and IoT solutions at The Things Conference 2024, featuring demos, keynotes, panels, and workshops with Semtech IoT experts.
Semtech (Nasdaq: SMTC) has announced the availability of its one-channel LoRaWAN hub reference design and evaluation kit. This new offering targets smaller scale network deployments, particularly for SMB/SME and smart home applications. The design is based on Semtech's high-performance LoRa® transceivers and enables cost-effective, smaller scale LoRaWAN® infrastructure deployments.
According to Omdia, LoRaWAN is predicted to have the greatest annual growth at 30% over the 2023–30 forecast period. The technology is finding a niche in longer-distance, lower-power applications and has advantages in multi-unit installations due to its ability to penetrate glass, steel, and concrete easily.
The new one-channel hub reference design is expected to unlock new use cases and opportunities for adoption in markets that can benefit from LoRa's long-range, low-power capabilities, particularly in home applications such as security, insurance claim mitigation, and environmental monitoring.
Semtech (Nasdaq: SMTC) has announced sampling of GN2255S, its next-generation Tri-Edge™ 50 Gbps clock and data recovery (CDR) with integrated DML driver for SFP56 50G PAM4 bidirectional (BiDi) and CWDM6 optical modules. This analog solution for 50 Gbps fronthaul aims to enable simpler, potentially more power-efficient designs for 5G-Advanced infrastructure.
Key features include:
- Ultra-low latency important for time-critical services
- Supports single fiber deployment
- Designed for applications like public safety, industrial control, and smart grid management
Semtech, a founding member of the Mobile Optical Pluggable Alliance (MOPA), is collaborating with telecom leaders to develop optical solutions addressing industry challenges. The company will showcase its solutions for datacenter, wireless, and PON at ECOC 2024.
Semtech (Nasdaq: SMTC) announced its participation in the 50th European Conference on Optical Communications (ECOC) in Frankfurt, Germany from September 22-26, 2024. Raza Khan, Semtech's product marketing director and MOPA's chief marketing officer, will present on '100G PAM4 Analog CDR for SFP112 modules – enabling 6G front haul architecture' on September 24 at 12:00 pm local time.
The presentation will explore an innovative, analog-based approach scalable to 100 Gbps PAM4 for 6G's demanding architectures. Semtech, a founding member of MOPA, will showcase solutions for datacenter, wireless, and PON at booth E37, MR21, MR22. The company aims to address latency variation challenges in wireless fronthaul as carriers prepare for 6G standardization, expected to start in 2025.
Semtech (Nasdaq: SMTC) has announced the availability of its latest PON-X solutions for 2.5G Passive Optical Networks (PON) to enable cost-effective Fiber to the Room (FTTR) network deployments. The new offerings include the GN25L81 2.5G combo chip and the GN25L42 2.5G burst mode PIN transimpedance amplifier (Super TIA) devices for 2.5G PON FTTR Optical Line Terminal (OLT) applications.
FTTR is seen as the next evolution of fixed broadband, with Dell'Oro Group forecasting FTTR subscribers in China to surpass 80 million by 2026. Semtech's 2.5G FTTR solution provides a future-proof foundation that can be easily upgraded to 10G PON without re-cabling, allowing operators to protect their network investments. The new chipset significantly reduces component and set-up costs for FTTR OLTs by replacing avalanche photodiodes (APD) in 2.5G FTTR applications.
Semtech (Nasdaq: SMTC) has announced an expansion of its distribution footprint in Canada through a partnership with GetWireless, a leading value-added distributor of cellular IoT solutions. This move allows GetWireless to offer Semtech's IoT connectivity, modules, and router solutions in the Canadian market. The collaboration builds on a 20-year partnership between the two companies in the US.
Brian Taney, CEO of GetWireless, highlighted the opportunity to grow with Semtech (formerly Sierra Wireless) and bring their IoT portfolio to Canadian carriers and resellers. Hieu Duong, head of global channel sales at Semtech, emphasized the company's track record in delivering rugged, reliable, and secure solutions for mission-critical applications. This expansion is expected to drive data-driven transformation with cutting-edge and secure technology solutions in the Canadian IoT market.
Semtech (Nasdaq: SMTC) announced that Weiliang Deng, data center product marketing director, will present at the 22nd Infostone Optical Communication Market and Technology Conference (IFOC) in Shenzhen, China from Sept. 9-10, 2024. The presentation, scheduled for Sept. 9 at 9:55 am local time, will focus on addressing power consumption challenges in data centers as they move to higher bandwidths of 800G and 1.6T, driven by AI and ML demands.
Deng will discuss the benefits of ultra-low latency, low power analog multimode linear pluggable optics (LPO) and active copper cable (ACC) technologies. These advanced analog solutions aim to help data center architects balance capacity growth and power constraints. The conference will cover topics including AI computing power, copper and optical interconnects, and 800G/1.6T/3.2T advancements in the optical communication industry.
Semtech (Nasdaq: SMTC), a leading provider of high-performance semiconductor, IoT systems, and cloud connectivity services, has announced its participation in three upcoming investor conferences in September 2024. Hong Hou, president and CEO, and Mark Lin, executive VP and CFO, will attend:
- The Benchmark Company Tech, Media & Telecom Conference in New York City on Sep. 4
- Piper Sandler Growth Frontiers Conference in Nashville on Sep. 10
- B. Riley Securities' 7th Annual Consumer & TMT Conference in New York City on Sep. 12
These conferences provide Semtech an opportunity to showcase its technology solutions for infrastructure, industrial, and consumer markets, emphasizing its commitment to enabling a smarter and more connected planet.
Semtech (Nasdaq: SMTC) reported its Q2 FY2025 results, showing positive momentum. Net sales reached $215.4 million, up 4% sequentially. GAAP gross margin improved to 49.0%, while non-GAAP gross margin rose to 50.4%. The company's GAAP operating margin increased to 3.6%, and non-GAAP operating margin reached 14.2%. Despite a GAAP diluted loss per share of $2.61, Semtech achieved non-GAAP diluted earnings per share of $0.11. The adjusted EBITDA margin improved to 18.8%.
Looking ahead, Semtech provided a positive outlook for Q3 FY2025, forecasting net sales of $233.0 million (±$5.0 million) and non-GAAP diluted earnings per share of $0.23 (±$0.03). The company expects further improvements in gross margin, operating margin, and adjusted EBITDA margin.