The Latest Breaking News from Semtech

Semtech (NASDAQ:SMTC) is set to give its latest quarterly earnings report on Wednesday, 2022-06-01. Here's what investors need to know before the announcement. Analysts estimate that Semtech will report an earnings per share (EPS) of $0.76.

Substantial investments by industry leaders and federal government funding are expected to expand the U.S. semiconductor sector considerably. Furthermore, given the overwhelming demand for chips, we think it could be wise to bet on the stocks of quality semiconductor companies QUALCOMM (QCOM), STMicroelectronics (STM), United Microelectronics (UMC), Renesas Electronics (RNECF),…

According to Benzinga Pro, during Q4, Semtech (NASDAQ:SMTC) earned $34.79 million, a 1.06% increase from the preceding quarter. Semtech's sales decreased to $190.55 million, a 2.25% change since Q3.

Semtech (NASDAQ:SMTC) has observed the following analyst ratings within the last quarter:

Chipmaker Semtech late Wednesday edged above analyst expectations for its fiscal fourth quarter and guided higher.

Semtech (NASDAQ:SMTC) is set to give its latest quarterly earnings report on Wednesday, 2022-03-16. Here's what investors need to know before the announcement. Analysts estimate that Semtech will report an earnings per share (EPS) of $0.69.

The technology sector has been accelerating since the onset of the COVID-19 pandemic, thanks to rapid digitalization and with it the adoption of advanced technologies and cloud-based solutions by almost every sector. While bearish market trends currently are putting pressure on tech stocks, we think it could be wise to…

Tech stocks have suffered a sell-off on concerns over forthcoming interest rate hikes and rising geopolitical tensions. However, rapid digitization, growing tech spending by enterprises, and continuing innovation should drive the tech sector's growth. So, we think the recent price dips could be an opportune time to bet on the…