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Semtech Corp - SMTC STOCK NEWS

Welcome to our dedicated page for Semtech news (Ticker: SMTC), a resource for investors and traders seeking the latest updates and insights on Semtech stock.

Semtech Corporation (NASDAQ: SMTC) is a leading global supplier of high-quality analog and mixed-signal semiconductor products. The company focuses on delivering proprietary solutions and breakthrough technologies across various domains including power management, protection, advanced communications, human interface, test & measurement, and wireless and sensing products. Semtech designs, develops, manufactures, and markets these products to be utilized in diverse applications such as communications, computer and computer peripherals, automated test equipment, industrial, and other commercial sectors.

The company operates through four main segments: Signal Integrity, Advanced Protection and Sensing, IoT System, and IoT Connected Services. A significant portion of its revenue is generated from the Advanced Protection and Sensing Products segment. Geographically, the majority of Semtech’s revenue originates from the Asia Pacific region, reflecting its strong market presence and extensive customer base in that area.

In recent news, Semtech Corporation announced a strategic partnership with Måna Care AB, a Swedish start-up focused on digital communication and care platforms. Semtech’s IoT Systems and Connectivity Product Group, formerly known as Sierra Wireless, has been pivotal in supporting Måna Care’s mission to promote digital inclusion for elderly and cognitively challenged communities. The collaboration leverages Semtech’s AirVantage® Smart Connectivity service to ensure reliable, global connectivity for Måna Care’s innovative communication devices, aiding caregivers, families, and friends to stay connected with their loved ones.

Semtech acquired Sierra Wireless in 2023, enhancing its capabilities in high-performance semiconductors, IoT systems, and cloud connectivity services. This acquisition aligns with Semtech’s commitment to enabling a smarter, more connected, and sustainable planet. The company’s comprehensive product portfolio includes integrated circuits (ICs) and connectivity modules designed to meet the evolving needs of infrastructure, industrial, and consumer markets.

Semtech continues to innovate and expand its product offerings, focusing on advancing technologies that empower solution architects and application developers. By maintaining strong technical support and sales channels, and establishing strategic partnerships, Semtech is well-positioned to capitalize on emerging market opportunities and drive growth in the semiconductor industry. For more details on Semtech Corporation’s latest updates and achievements, visit their official website or follow them on professional networks like LinkedIn and X.

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Semtech (SMTC) has announced that its president and CEO Hong Hou, along with EVP and CFO Mark Lin, will participate in the UBS Global Technology Conference in Scottsdale, Arizona on December 2-3, 2024. Semtech, a provider of high-performance semiconductor, IoT systems, and cloud connectivity services, focuses on delivering technology solutions for infrastructure, industrial, and consumer markets to enable a smarter and more connected sustainable planet.

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Semtech (SMTC) has announced it will release its third quarter fiscal year 2025 financial results after market close on Monday, November 25, 2024. The company will host a conference call at 2 p.m. PT (5 p.m. ET) on the same day to discuss quarterly performance, current business activities, and future outlook. Investors can participate via phone at 877-407-0312 (toll-free) or 201-389-0899 (international), or through a live webcast available on Semtech's Investor website.

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Semtech (SMTC) announces its participation in Electronica 2024 in Munich, Germany, from November 12-15, 2024, emphasizing its commitment to sustainability. The company responds to critical environmental challenges, noting UN reports indicating insufficient progress toward global sustainability goals and IEA's projection of $1 trillion annual investments in sustainable industrial solutions by 2030.

At booth #C3.262, Semtech will showcase innovations including circuit protection solutions, LoRa wireless IoT solutions, PerSe smart sensing solutions, and cellular IoT modules. These technologies aim to enhance connectivity and efficiency across consumer, industrial, automotive, and smart city applications while minimizing environmental impact.

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Semtech (SMTC), a semiconductor and IoT systems provider, has announced its participation in two upcoming investor conferences. Hong Hou, president and CEO, and Mark Lin, CFO, will attend the Stifel Midwest One-on-One Conference in Chicago on November 7, 2024, and the J.P. Morgan Global TMT Conference in Hong Kong on November 18-19, 2024.

The company, which specializes in high-performance semiconductor technology and cloud connectivity services, focuses on delivering solutions for infrastructure, industrial, and consumer markets to enable a smarter and more connected planet.

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Semtech (SMTC) has expanded its AirVantage® Smart Connectivity Advanced solution to include VoLTE service in the U.S. and Europe. The service is now available in over 40 countries and territories, providing essential voice capabilities for IoT applications in healthcare, security, and smart city infrastructure. The solution offers access to more than 600 networks across 190+ countries through a single global SIM, addressing global deployment complexities and regulatory challenges. According to Transforma Insights, approximately 20% of all IoT connections will require voice support by 2033, particularly in applications like smart watches, child tracking, and vertical transportation.

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Semtech (Nasdaq: SMTC) announced that its Board Chair, Ye Jane Li, has been selected as a 2024 NACD Directorship 100 Honoree. The National Association of Corporate Directors (NACD) award recognizes influential directors and leaders in corporate governance for their excellence in the boardroom. NACD, with over 24,000 members, has been acknowledging influential figures in corporate governance since 2007.

Semtech's president and CEO, Hong Hou, expressed pride in Li's recognition, highlighting her commitment to excellence and integrity, as well as the importance of diversity in leadership. Li, in turn, emphasized the significance of diverse voices in corporate governance and the potential to inspire future generations of leaders.

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Semtech (Nasdaq: SMTC) has announced a collaboration with Traxmate to offer a seamless indoor and outdoor asset tracking solution. This hybrid solution combines Traxmate's precise location and tracking services with Semtech's low-power, location-aware LoRa Edge platform, providing unmatched efficiency for positioning, tracking, and routing of IoT-connected assets.

The collaboration aims to address the growing IoT-supported asset tracking market, which is expected to account for over 90% of all connected enterprise and industrial options by 2030. By enabling real-time tracking of high-value assets, businesses can significantly reduce loss and theft, potentially mitigating the estimated $30 billion annual impact of cargo theft in the U.S. alone.

Semtech will showcase its latest LoRaWAN and IoT solutions at The Things Conference 2024, featuring demos, keynotes, panels, and workshops with Semtech IoT experts.

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Semtech (Nasdaq: SMTC) has announced the availability of its one-channel LoRaWAN hub reference design and evaluation kit. This new offering targets smaller scale network deployments, particularly for SMB/SME and smart home applications. The design is based on Semtech's high-performance LoRa® transceivers and enables cost-effective, smaller scale LoRaWAN® infrastructure deployments.

According to Omdia, LoRaWAN is predicted to have the greatest annual growth at 30% over the 2023–30 forecast period. The technology is finding a niche in longer-distance, lower-power applications and has advantages in multi-unit installations due to its ability to penetrate glass, steel, and concrete easily.

The new one-channel hub reference design is expected to unlock new use cases and opportunities for adoption in markets that can benefit from LoRa's long-range, low-power capabilities, particularly in home applications such as security, insurance claim mitigation, and environmental monitoring.

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Semtech (Nasdaq: SMTC) has announced sampling of GN2255S, its next-generation Tri-Edge™ 50 Gbps clock and data recovery (CDR) with integrated DML driver for SFP56 50G PAM4 bidirectional (BiDi) and CWDM6 optical modules. This analog solution for 50 Gbps fronthaul aims to enable simpler, potentially more power-efficient designs for 5G-Advanced infrastructure.

Key features include:

  • Ultra-low latency important for time-critical services
  • Supports single fiber deployment
  • Designed for applications like public safety, industrial control, and smart grid management

Semtech, a founding member of the Mobile Optical Pluggable Alliance (MOPA), is collaborating with telecom leaders to develop optical solutions addressing industry challenges. The company will showcase its solutions for datacenter, wireless, and PON at ECOC 2024.

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Semtech (Nasdaq: SMTC) announced its participation in the 50th European Conference on Optical Communications (ECOC) in Frankfurt, Germany from September 22-26, 2024. Raza Khan, Semtech's product marketing director and MOPA's chief marketing officer, will present on '100G PAM4 Analog CDR for SFP112 modules – enabling 6G front haul architecture' on September 24 at 12:00 pm local time.

The presentation will explore an innovative, analog-based approach scalable to 100 Gbps PAM4 for 6G's demanding architectures. Semtech, a founding member of MOPA, will showcase solutions for datacenter, wireless, and PON at booth E37, MR21, MR22. The company aims to address latency variation challenges in wireless fronthaul as carriers prepare for 6G standardization, expected to start in 2025.

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FAQ

What is the current stock price of Semtech (SMTC)?

The current stock price of Semtech (SMTC) is $49.17 as of November 20, 2024.

What is the market cap of Semtech (SMTC)?

The market cap of Semtech (SMTC) is approximately 3.6B.

What does Semtech Corporation do?

Semtech Corporation supplies high-quality analog and mixed-signal semiconductor products, focusing on power management, protection, advanced communications, and wireless solutions.

What are the main segments of Semtech Corporation?

Semtech operates in four main segments: Signal Integrity, Advanced Protection and Sensing, IoT System, and IoT Connected Services.

Where does Semtech Corporation earn most of its revenue?

The majority of Semtech's revenue comes from the Asia Pacific region.

What recent strategic partnership has Semtech Corporation announced?

Semtech recently partnered with Måna Care AB to promote digital inclusion for elderly and cognitively challenged communities through their IoT Systems and Connectivity Product Group.

When did Semtech acquire Sierra Wireless?

Semtech acquired Sierra Wireless in 2023.

What is Semtech’s AirVantage® Smart Connectivity service?

AirVantage® Smart Connectivity is a service that ensures reliable global connectivity for IoT devices, leveraging a network of over 600 operators in more than 190 countries.

What type of products does Semtech develop?

Semtech develops integrated circuits (ICs), connectivity modules, gateways, routers, and connected services for various applications, including communications, industrial, and consumer markets.

How does Semtech support Måna Care’s mission?

Semtech supports Måna Care’s digital inclusion mission by providing reliable connectivity through their AirVantage Smart Connectivity service, enabling caregivers to stay connected with their loved ones.

What markets does Semtech cater to?

Semtech caters to infrastructure, industrial, and consumer markets with its semiconductor and IoT solutions.

Where can I learn more about Semtech Corporation?

You can learn more about Semtech Corporation on their official website at www.semtech.com or follow them on LinkedIn and X.

Semtech Corp

Nasdaq:SMTC

SMTC Rankings

SMTC Stock Data

3.59B
74.24M
1.25%
115.97%
9.1%
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