Semtech Stock Climbs as AI Boom Drives Turnaround Success

Semtech TodaySMTCSemtech$66.96 +1.81 (+2.78%) 52-Week Range$18.16▼$70.27Price Target$68.70Add to WatchlistSemtech Co. NASDAQ: SMTC makes analog and mixed-signal chips that enable optical data transmission, sensing, and advanced high-speed connectivity solutions. Its products are used in consumer electronics, infrastructure, industrial applications, data centers, and Internet of Things (IoT) systems. The company’s turnaround is impressive as its revenue has returned to growth since its fiscal first quarter ...