NASDAQ:LSCC - Nasdaq - US5184151042 - Common Stock - Currency: USD
Looking back on processors and graphics chips stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Broadcom (NASDAQ:AVGO) and its peers.
(Bloomberg) -- Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on plans to start spinning off non-core assets.Most Read from BloombergThe Secret Formula for Faster TrainsHow Did This Suburb Figure Out Mass Transit?Even Oslo Has an Air Quality ProblemNYC Tourist Helicopter Crashes in Hudson River, Killing SixLisbon Mayor Wants Companies to Help Fix City’s Housing ShortageThe transaction values Altera at $8.75 billion, accordi
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the processors and graphics chips industry, including Nvidia (NASDAQ:NVDA) and its peers.
Chipmaker Lattice Semiconductor stock had its Relative Strength (RS) Rating upgraded from 78 to 84 Wednesday.
Lattice Semiconductor is turning a corner in 2025 and is positioned to sustain growth long-term as demand for FPGAs is driven by AI and the IoT.
Analysts at BofA said that they expect LSCC to outperform the broader market during the first quarter, but tempered the company’s growth estimates to 19%, as compared to management expectations of 25%.
Wall Street analysts praised Astera Labs for its beat-and-raise fourth-quarter report but investors wanted more. ALAB stock fell on Tuesday.
Shares of semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) jumped 15.8% in the pre-market session after the company reported impressive fourth-quarter results, which revealed a big improvement in inventory levels and a stronger-than-expected sales outlook for the next quarter.