Semtech Lifts Q3 Outlook, Maps $3.2B FY2030 Path on AI Data Center Growth

Semtech Lifts Q3 Outlook, Maps $3.2B FY2030 Path on AI Data Center Growth

Semtech (NASDAQ:SMTC) raised its fiscal third-quarter 2027 outlook and outlined long-term financial targets through fiscal 2030, citing growth in data center connectivity and LoRa products, higher-margin portfolio mix and a substantially improved balance sheet. During the company’s analyst day, Sem

Semtech tumbles as analyst day comments spook investors (SMTC:NASDAQ)

Semtech (SMTC) stock plunged 17% after 2030 revenue guidance tied to data center and LoRa.

Semtech Shares Fall 10% as It Raises Third-Quarter Outlook

The revised fiscal 2027 outlook lifts midpoint estimates for net sales and adjusted diluted earnings per share. Semtech also outlined a $3.2 billion fiscal 2030 sales framework.

Semtech Outlines Data Center Growth Strategy at Analyst Day

SAN JOSE, Calif.--(BUSINESS WIRE)--Semtech Outlines Data Center Growth Strategy at Analyst Day