The latest trading session saw Silicon Motion (SIMO) ending at $41.36, denoting a -0.48% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.17%. On the other hand, the Dow registered a loss of 0.39%, and the technology-centric Nasdaq decreased by 0.05%.Prior to today's trading, shares of the chip company had lost 22.07% over the past month. This has lagged the Computer and Technology sector's loss of 6.26% and the S&P 500's loss of 3.94% in that time.The i ...

Silicon Motion (SIMO) shares rallied 8.7% in the last trading session to close at $42.35. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 26.2% loss over the past four weeks.Silicon Motion has expanded its SSD controller program engagements with PC OEMs and eMMC/UFS controllers for smartphones, automotive applications and IoT/smart devices. The company is adding to this momentum with the launch of next-genera ...

CONFERENCE CALL DETAILS: Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique access PIN) will be provided in the email received upon registration. TAIPEI, Taiwan and MILPITAS, Calif., April 09, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, plans t ...

In the latest market close, Silicon Motion (SIMO) reached $50.58, with a -0.31% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.55% for the day. Meanwhile, the Dow gained 1.01%, and the Nasdaq, a tech-heavy index, lost 0.14%. Shares of the chip company have depreciated by 9.57% over the course of the past month, underperforming the Computer and Technology sector's loss of 8.88% and the S&P 500's loss of 6.22%. Remember to apply Zacks.com to follow the ...

The latest trading session saw Silicon Motion (SIMO) ending at $56.50, denoting a +1.25% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 1.77%. Meanwhile, the Dow gained 1.42%, and the Nasdaq, a tech-heavy index, added 2.28%.Shares of the chip company witnessed a loss of 5.1% over the previous month, beating the performance of the Computer and Technology sector with its loss of 9.47% and the S&P 500's loss of 5.73%.The upcoming earnings release of Silicon ...

Group 1 - Silicon Motion Technology (SIMO) reported solid results for the full year 2024, which positively influenced market reactions [1] - The company provided an optimistic outlook, aiming to increase its market share in the mobile sector [1]

Company Overview - Silicon Motion's stock closed at $51.45, reflecting a -1.27% change from the previous trading day, which is less than the S&P 500's daily loss of 0.91% [1] - Over the past month, shares of Silicon Motion have decreased by 4.03%, which is better than the Computer and Technology sector's loss of 10.57% and the S&P 500's loss of 7.38% [2] Financial Performance - The upcoming financial results for Silicon Motion are anticipated to show an EPS of $0.44, indicating a 31.25% decline from the same quarter last year, with projected net sales of $162.58 million, down 14.12% year-over-year [3] - For the full year, earnings are projected at $3.68 per share and revenue at $828.21 million, representing increases of +7.29% and +3.07% respectively from the previous year [4] Analyst Estimates and Market Sentiment - Recent changes to analyst estimates for Silicon Motion are crucial as they reflect the evolving business landscape, with positive revisions indicating analysts' confidence in the company's performance [5] - The Zacks Rank system, which incorporates estimate changes, currently ranks Silicon Motion at 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [7] Valuation Metrics - Silicon Motion has a Forward P/E ratio of 14.16, which aligns with the industry's average Forward P/E of 14.16, and a PEG ratio of 1, compared to the Computer - Integrated Systems industry's average PEG ratio of 1.51 [8] Industry Context - The Computer - Integrated Systems industry, part of the broader Computer and Technology sector, holds a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [9]

Core Insights - Silicon Motion Technology Corporation has introduced its MonTitan™ SSD Reference Design Kit (RDK) that supports up to 128TB with QLC NAND, aimed at enhancing enterprise and data center storage solutions for AI applications [1][5]. Group 1: Product Features - The MonTitan SSD RDK utilizes Silicon Motion's PCIe Dual Ported enterprise-grade SM8366 controller, supporting PCIe Gen5 x4 NVMe 2.0 and OCP 2.5 specifications, which provides superior performance and capacity for large data lake storage [2]. - The 128TB SSD is built with the latest 2Tb die QLC NAND, featuring enterprise-optimized firmware for reliability and endurance, achieving sequential read speeds over 14 GB/s and random read performance exceeding 3.3 million IOPS, which is over 25% better than other Gen5 high-capacity solutions [3]. Group 2: Advanced Features - The SSD RDK supports NVMe 2.0 FDP (Flexible Data Placement), enhancing data management and write efficiency, while Silicon Motion's PerformaShape™ technology optimizes performance based on user-defined QoS sets, effectively managing data and minimizing latency [4]. - The combination of FDP and PerformaShape™ is particularly beneficial for AI data pipelines in multi-tenant environments, improving performance across various stages such as Ingest, Prep, Train, and Inference [4]. Group 3: Market Position and Collaboration - Silicon Motion's MonTitan SSD RDK is positioned as a comprehensive solution for customers to develop enterprise-class SSDs tailored for AI data center and edge server applications, facilitating rapid development and commercialization [5]. - Collaborations with companies like Innodisk and Exascend highlight the flexibility and performance of the MonTitan platform in meeting the storage demands of the AI era [5].

Company Overview - Silicon Motion (SIMO) shares increased by 6.5% to close at $52.80, following a notable trading volume compared to typical sessions, despite a 6.9% loss over the past four weeks [1] - The company is advancing its SSD controller and storage solutions to support AI-native applications in industrial, automotive, and data center sectors [2] - Recent product launches include the SM2264XT-AT PCIe Gen4 automotive-grade SSD controller and the MonTitan 128TB QLC SSD, aimed at enhancing performance for AI applications [3] Financial Performance - The upcoming quarterly earnings report is expected to show earnings of $0.44 per share, reflecting a year-over-year decline of 31.3%, with revenues projected at $162.58 million, down 14.1% from the previous year [4] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating a lack of upward momentum in earnings estimate revisions [5] Market Position - Silicon Motion is positioned within the Zacks Computer - Integrated Systems industry, holding a Zacks Rank of 3 (Hold) [5] - In comparison, IBM, another company in the same industry, has a Zacks Rank of 2 (Buy) and has seen a 3.1% decline in its stock price recently [6]

Core Insights - Silicon Motion Technology Corporation is a global leader in designing and marketing NAND flash controllers for solid state storage devices [1][2] - The company will participate in several upcoming investor conferences in March 2025, including Loop Capital's 6th Annual Investor Conference, the 37th Annual Roth Conference, and the Bank of America Securities 2025 Asia Tech Conference [1] Company Overview - Silicon Motion supplies more SSD controllers than any other company globally for servers, PCs, and other client devices [2] - The company is the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices, and other applications [2] - Silicon Motion also provides customized high-performance solutions for hyperscale data centers and specialized industrial and automotive SSDs [2] - The customer base includes most NAND flash vendors, storage device module makers, and leading OEMs [2]