Welcome to our dedicated page for Lattice Semiconductor news (Ticker: LSCC), a resource for investors and traders seeking the latest updates and insights on Lattice Semiconductor stock.
Lattice Semiconductor Corp (NASDAQ: LSCC) is a global leader in smart connectivity solutions, providing intellectual property and low-power, small form-factor devices that enable over 8,000 global customers to deliver innovative and differentiated products efficiently. Founded in 1983 and headquartered in Portland, Oregon, Lattice Semiconductor has a broad exposure across various markets, including consumer electronics, industrial equipment, communications infrastructure, and licensing.
The company's core business revolves around the development and distribution of semiconductor technology. They offer a range of products, solutions, and licenses through their core Lattice business segment, which includes silicon-based and silicon-enabling products, evaluation boards, development hardware, and related intellectual property licensing, services, and sales.
Notably, in March 2015, Lattice Semiconductor acquired Silicon Image, a leader in setting industry standards such as HDMI®, DVI™, MHL®, and WirelessHD®. This acquisition has bolstered Lattice's position in the market and added significant value to their portfolio.
Lattice's products are globally recognized, with the majority of sales derived from customers in Asia. The company's innovative solutions cater to a diverse range of applications, helping to drive advancements in consumer electronics, industrial automation, and communication technologies.
With a commitment to providing market-leading solutions, Lattice continues to focus on expanding its product offerings and enhancing its technology to meet the evolving needs of its customers. The company's strategic partnerships and recent projects reflect their dedication to innovation and excellence in the semiconductor industry.
Lattice Semiconductor Corporation (NASDAQ: LSCC) announced its participation in the Valley Machine Learning and Artificial Intelligence Expo 2021, scheduled for October 14, 2021, at 1 p.m. Pacific time. The company will showcase the Lattice sensAI™ solution stack, designed to expedite the development of Edge machine learning applications. This solution, alongside Lattice's low power FPGAs, provides developers with essential tools, reference designs, and design services to create efficient AI/ML solutions tailored for smart Edge devices.
Lattice Semiconductor (NASDAQ: LSCC) has updated its mVision solution stack, enhancing ISP performance with 4K video support and LPDDR4 DRAM compatibility. This development will benefit industries such as Machine Vision, Robotics, and Automotive by enabling high-speed communication while maintaining low power consumption. Notable features include support for up to eight SERDES lanes, facilitating various popular interfaces like PCI Express and DisplayPort. The updates will be showcased at the upcoming VISION trade fair in Stuttgart, Germany, from October 5-7.
Lattice Semiconductor Corporation (NASDAQ: LSCC), a leader in low power programmable solutions, will discuss its strategy and recent financial results at the Deutsche Bank 2021 Technology Conference on September 9, 2021. Key executives, including CEO Jim Anderson and CFO Sherri Luther, will present to institutional investors. Lattice focuses on delivering innovative solutions across various sectors, such as communications, computing, and automotive, enabling customers to create a connected world efficiently.
Lattice Semiconductor Corporation (NASDAQ: LSCC) announced it will meet with institutional investors at the Jefferies Virtual Semiconductor, IT Hardware & Communications Infrastructure Summit on September 1, 2021. The meeting will feature key executives including Jim Anderson, CEO, and Sherri Luther, CFO, who will discuss the company's recent financial results and strategic direction. Lattice Semiconductor is recognized as a leader in low power programmable solutions, serving various markets such as communications, computing, and automotive.
Lattice Semiconductor (NASDAQ: LSCC) announced the AEC-Q100 qualification of its Certus™-NX FPGA family, designed for automotive applications. These FPGAs provide high I/O density, low power consumption, and fast performance, making them ideal for advanced driver assistance systems (ADAS) and infotainment. Key features include up to 4X lower power usage, a small form factor, instant-on capability, and a robust I/O interfacing library. The move aligns with rising demand for automotive semiconductors driven by electrification and connectivity trends.
Lattice Semiconductor Corporation (NASDAQ: LSCC) announced a virtual presentation highlighting their FPGAs' high reliability, utilizing fully depleted silicon-on-insulator (FD-SOI) technology. Scheduled for September 1 at 2:30 p.m. PDT, this presentation will showcase the 28 nm FD-SOI FPGA platform's Total Ionizing Dose (TID) tolerance. This technology is essential for aerospace and defense applications, ensuring performance in harsh environments. Lattice aims to leverage its low power FPGA expertise for advancements in various markets, including Communications and Automotive.
Lattice Semiconductor Corporation (NASDAQ: LSCC) will host a webinar on August 26 at 10 AM PDT, focusing on its Lattice Propel™ design environment. The session will demonstrate how to build, compile, analyze, and debug application systems, catering to developers at all skill levels, particularly in embedded vision, artificial intelligence, and security applications. Lattice Propel is designed to accelerate the development of FPGA-based designs, making it easier for new users to engage with FPGA technologies.
Lattice Semiconductor Corporation (NASDAQ: LSCC) will meet virtually with institutional investors at KeyBanc Capital Markets' 2021 Technology Leadership Conference on August 10, 2021. CEO Jim Anderson, Chief Strategy Officer Esam Elashmawi, and Senior Director of Investor Relations Rick Muscha will discuss the company's financial results, strategy, and future outlook. The fireside chat will be webcast at 4:40 p.m. ET on the investor relations section of Lattice Semiconductor’s website.
Lattice Semiconductor Corporation (NASDAQ: LSCC) reported robust financial results for Q2 2021, showcasing a 25% year-over-year revenue growth, reaching $125.9 million. The company also experienced a 49% increase in non-GAAP net income. Operating profit reached a record 18.5% on a GAAP basis, along with a gross margin expansion of 110 basis points.
For Q3 2021, Lattice estimates revenue between $124 million and $132 million, maintaining a strong outlook.
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