Semtech Stock Leads Industrial Semiconductors' Comeback

Semtech TodaySMTCSemtech$64.04 -0.16 (-0.25$15.63▼$66.64Price Target$67.70Add to WatchlistThe emerging story from the industrial semiconductor market is that these companies are exiting a global inventory correction, and Semtech NASDAQ: SMTC is among the best positioned. Its results prove its market-leading position by resuming growth in Q3, at least a quarter sooner than others are expected to do, and the guidance compounds this.  The guidance is robust, forecasting sequential acceleration ...