Company Description
Lattice Semiconductor Corporation (NASDAQ: LSCC) is described as the "low power programmable leader" in multiple official company communications. The company develops semiconductor technology that it distributes through products, solutions, and licenses, with a focus on low power programmable devices and related offerings. According to its business description, Lattice reaches customers in the Communications, Computing, Industrial, Automotive, and Consumer markets, and offers its products globally.
Lattice reports that it operates through a single operating segment, the core Lattice business. This segment includes silicon-based and silicon-enabling products, evaluation boards, development hardware, and related intellectual property licensing, services, and sales. The company states that its products are offered worldwide, with a majority of sales derived from customers in Asia, and additional presence in the Americas and Europe.
Business focus and end markets
Across its public materials, Lattice emphasizes low power programmable technology that addresses customer problems "across the network, from the Edge to the Cloud." The company highlights activity in growing Communications and Computing markets, as well as Industrial, Automotive, and Consumer applications. In various announcements, Lattice references solutions for datacenter and edge environments, secure control, industrial automation, robotics, and other embedded and edge computing uses, all framed around low power programmable devices.
Lattice also describes a focus on Small and Mid-Range FPGAs and mentions a "Companion Chip" strategy in connection with capital allocation decisions. In earnings commentary, the company points to business momentum in Communications and Computing and notes that Industrial and Automotive markets are important parts of its overall demand profile.
Products, platforms, and solution stacks
Within its product and technology communications, Lattice identifies several named technology families and solution stacks:
- Lattice MachXO5-NX TDQ FPGA family – described as "the industry’s first secure control FPGAs with full Commercial National Security Algorithm (CNSA) 2.0-compliant post-quantum cryptography (PQC) support." These devices are built on the Lattice Nexus platform and are intended for Computing, Communications, Industrial, and Automotive applications, with an emphasis on security, reliability, and flexibility as quantum-enabled cyberthreats emerge.
- Lattice MachXO5-NX TD devices – referenced as an expansion of the MachXO5-NX device family, adding new density and package options and supporting root-of-trust (RoT) capabilities.
- Lattice sensAI solution stack – a solution stack for edge AI that Lattice describes as delivering power efficiency, expanded AI model support, and deployment tools for next-generation edge applications. The company states that sensAI is aimed at Industrial, Automotive, and Consumer systems and supports smart sensing at the far edge with low power, customizable AI solutions.
In describing sensAI, Lattice highlights features such as expanded model support, upgraded accelerator engine and compiler tools, advanced topology support, Python API integration, flexible deployment and automation, and a simplified RISC-V codebase. These details indicate that Lattice combines its programmable hardware with software tools and pre-built models to support edge AI workloads.
Security and post-quantum cryptography focus
A recurring theme in Lattice communications is security, particularly in the context of control FPGAs and datacenter infrastructure. The MachXO5-NX TDQ family is positioned as providing a "full suite of CNSA 2.0-compliant PQC" and a range of post-quantum and classical cryptographic algorithms. Lattice lists support for algorithms such as LMS, XMSS, ML-DSA, ML-KEM, AES256-GCM, SHA2, SHA3, and SHAKE, along with authenticated and/or encrypted bitstreams, crypto-agility with in-field algorithm updates, revokable root keys, and key hierarchies.
The company also references hardware root of trust (RoT) capabilities, including trusted single-chip boot with integrated flash, unique device secrets, non-volatile configuration memory and user flash memory with secure locking, and controls over programming interfaces. Lattice notes side-channel attack resiliency and validation of cryptographic algorithms, and mentions technologies such as Device Identifier Composition Engine (DICE), Security Protocol and Data Model (SPDM), and Lattice SupplyGuard for supply chain and lifecycle management.
Edge AI, industrial, and datacenter applications
Lattice’s news releases describe multiple conference and trade show participations that illustrate its application focus:
- At events such as the International VLSI Design & Embedded Systems Conference, Lattice presents on low power FPGAs, edge AI, sensor fusion, and system design, and demonstrates technology with partners in advanced automotive and robotics applications.
- At SPS (Smart Product Solutions), the company highlights secure motor control solutions, embedded vision, and machine learning for the Industrial market.
- At the OCP Global Summit, Lattice showcases FPGA solutions for secure and high-performance AI infrastructure in datacenters, including demonstrations around future-ready security (CNSA 2.0-compliant PQC, QRNG pairing, fTPM), intelligent connectivity and control (high I/O control devices, LTPI, DC-SCM), 5G ORAN innovation, and AI-optimized infrastructure such as sensor aggregation for AI inference and power-efficient AI acceleration.
- At the FPGA Horizons Conference, Lattice focuses on how its low power FPGA solutions advance AI at the edge and presents on power-efficient design approaches.
Through these activities, Lattice positions its low power programmable devices and solution stacks as addressing needs in industrial automation, robotics, secure motor control, embedded vision, AI at the edge, and datacenter AI infrastructure.
Capital allocation and financial communications
Lattice is listed on the Nasdaq under the ticker symbol LSCC. In an announcement authorized by its Board of Directors, the company disclosed a stock repurchase program allowing repurchases of its outstanding common stock, citing its financial position and its intention to continue investing to strengthen its market position in Small and Mid-Range FPGAs and its Companion Chip strategy.
The company regularly furnishes Form 8-K filings to report quarterly financial results, referencing press releases that detail revenue, margins, and other metrics. An 8-K/A amendment notes a correction to a non-GAAP operating expense figure in a previously furnished earnings release, indicating attention to the accuracy of its reported outlook metrics. These filings show that Lattice uses both GAAP and non-GAAP measures, and it explains that non-GAAP metrics adjust for items such as stock-based compensation, legal expenses outside the ordinary course, amortization of acquired intangibles, restructuring and transformation activities, and certain tax effects.
Geographic reach and customer base
According to its business description, Lattice’s products are offered globally, with a majority of sales derived from customers in Asia. The company also notes presence in the Americas and Europe. Across its public statements, Lattice refers to "long-standing relationships" and a commitment to support that helps customers "quickly and easily unleash their innovation" to build smart, secure, and connected systems. While specific customer names are not detailed in the provided materials, the company does reference collaboration with organizations such as Mitsubishi Electric on edge AI for industrial equipment.
Positioning within semiconductor and FPGA markets
Lattice classifies itself in Semiconductor and Related Device Manufacturing within the broader Manufacturing sector. Its communications consistently emphasize low power programmable devices, Small and Mid-Range FPGAs, and solution stacks for edge AI and secure control. Rather than focusing on very high-end, large FPGAs, the company’s messaging centers on power efficiency, security, and programmability for a range of communications, computing, industrial, automotive, and consumer applications.
Investors and analysts looking at LSCC stock can see from the company’s own descriptions that its strategy involves combining programmable hardware platforms such as the Lattice Nexus-based MachXO5-NX families with software tools, solution stacks like sensAI, and security technologies that address both current and emerging requirements, including post-quantum cryptography.
FAQs about Lattice Semiconductor (LSCC)
- What does Lattice Semiconductor do?
Lattice Semiconductor develops semiconductor technology that it distributes through products, solutions, and licenses. The company focuses on low power programmable devices and related solution stacks that address customer needs across Communications, Computing, Industrial, Automotive, and Consumer markets.
- How does Lattice Semiconductor generate revenue?
According to its business description, Lattice operates through a single core business segment that includes silicon-based and silicon-enabling products, evaluation boards, development hardware, and related intellectual property licensing, services, and sales. These offerings are provided to customers globally.
- Which markets and applications does Lattice target?
Lattice states that it serves Communications, Computing, Industrial, Automotive, and Consumer markets. Its public materials reference applications such as datacenter and edge AI infrastructure, industrial automation, robotics, secure motor control, embedded vision, and other edge computing use cases.
- What is special about Lattice’s MachXO5-NX TDQ FPGA family?
The MachXO5-NX TDQ family is described by Lattice as the industry’s first secure control FPGA family with full CNSA 2.0-compliant post-quantum cryptography support. Built on the Lattice Nexus platform, these devices are intended to provide security, reliability, and flexibility for Computing, Communications, Industrial, and Automotive applications.
- What is the Lattice sensAI solution stack?
Lattice sensAI is a solution stack focused on edge AI. The company states that the latest version delivers expanded AI model support, enhanced AI performance, and greater deployment flexibility, enabling low power, customizable AI solutions for Industrial, Automotive, and Consumer systems.
- How does Lattice address security and post-quantum cryptography?
Lattice highlights security features such as CNSA 2.0-compliant post-quantum cryptography, crypto-agility, authenticated and encrypted bitstreams, hardware root of trust, device identity, secure key management, and support for both post-quantum and classical cryptographic algorithms in its MachXO5-NX TDQ devices and related offerings.
- On which exchange does Lattice Semiconductor trade and under what ticker?
Lattice Semiconductor’s common stock is listed on the Nasdaq under the ticker symbol LSCC, as referenced in multiple company news releases.
- Where does Lattice Semiconductor sell its products?
The company states that its products are offered globally. It notes that a majority of sales are derived from customers in Asia, with additional presence in the Americas and Europe.
- What types of official financial updates does Lattice provide?
Lattice furnishes quarterly earnings press releases and related financial information through Form 8-K filings with the SEC. These materials include GAAP and non-GAAP financial metrics, and the company has also filed an 8-K/A to correct a non-GAAP operating expense figure in a prior earnings release.
- Does Lattice have a stock repurchase program?
In a Board-authorized announcement, Lattice disclosed a stock repurchase program for its outstanding common stock. The company linked this program to its financial position and its plan to continue investing in its leadership in Small and Mid-Range FPGAs and its Companion Chip strategy.