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Semtech Corporation Q2 2027 Earnings Call Summary

Record net sales and a $405 million to $415 million outlook lifted shares after Semtech beat estimates and reported a backlog at an all-time high.

Summary by RocketNews
Semtech Corporation reported strong financial performance in its Q2 2027 earnings period, highlighted by record data center revenue reaching $100 million, representing a 91% year-over-year increase. The growth was fueled by infrastructure buildouts for 800G and 1.6T architectures, with the company securing design-in status across every module provider in its target markets, often on exclusive bases. The company announced a strategic portfolio op…

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RocketNews broke the news on Thursday, August 27, 2026.
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