NASDAQ:SMTC - Nasdaq - US8168501018 - Common Stock - Currency: USD
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Baird cited issues with Nvidia’s GB200 superchip – there have been reports of system-level issues, apart from the initial ramp delay of up to two months.
The past six months have been a windfall for Semtech’s shareholders. The company’s stock price has jumped 114%, hitting $62.80 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Stocks were lower this week after the Federal Reserve confirmed fewer rate cuts in 2025, but Friday's rally suggests hope for a Santa Claus rally remains strong
Semtech’s revenue surge from AI and data center demand drives its turnaround story. Explore what’s making its stock a strong buy prospect.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Semtech (NASDAQ:SMTC) and the rest of the semiconductor manufacturing stocks fared in Q3.
The Nasdaq isn't at a high, but it isn't far off either.