Synaptics Worth A Look As IoT Grows And Margins Recover

Core Viewpoint - Semiconductor companies not strongly leveraged to datacenter and AI spending are facing tougher times, including Synaptics Incorporated, as growth in the IoT business is being offset by weaknesses in legacy mobile, automotive, and other sectors [1] Group 1: Company Performance - Synaptics Incorporated (SYNA) is experiencing challenges due to a decline in its legacy mobile and automotive segments, despite some growth in the IoT business [1] Group 2: Industry Trends - The semiconductor industry is currently under pressure, particularly for companies that do not have significant exposure to datacenter and AI-related spending [1]