NEW POWER(SZ:300152) Jing Ji Guan Cha Wang·2026-02-11 20:54Core Viewpoint - Lattice Semiconductor's stock price surged by 15.94% on February 11, 2026, closing at $105.45, marking a historical high driven by improved financial performance and strong demand in AI-related sectors [1]. Financial Performance - For Q3 of fiscal year 2025, the company reported revenue of $133 million, a year-over-year increase of 4.9% and a quarter-over-quarter increase of 7.6%, ending a seven-quarter streak of year-over-year declines [1]. - Non-GAAP net profit reached $38.2 million, reflecting a year-over-year growth of 17.2%, with a net profit margin of 28.6% [1]. - Revenue from communications and computing business amounted to $74 million, up 21% year-over-year, driven primarily by demand from AI servers and wired data centers [1]. Business Developments - Management indicated that AI-related revenue is expected to reach "teen" percentages in 2025 and further increase to "twenty" percentages in 2026 [2]. - The adoption rate of low-power FPGAs in AI servers is accelerating, with configurations allowing for 70-130 FPGAs per rack, benefiting from increased capital expenditures by hyperscale cloud service providers [2]. Company Status - The order volume reached a six-quarter high, with the order-to-shipment ratio (B/B ratio) at its highest point in a year and a half, with orders booked through the first half of 2026 [3]. - The company anticipates Q4 revenue between $138 million and $148 million, representing a year-over-year growth of 18% to 26%, achieving consecutive quarters of year-over-year growth [3]. Stock Performance - On February 11, trading volume reached $529 million, with a volume ratio of 2.05, indicating active buying interest [4]. - The semiconductor sector rose by 2.45% on the same day, with capital flowing into the AI computing industry chain [4]. - The company has executed stock buybacks for 20 consecutive quarters, repurchasing $15 million in the latest quarter, reflecting management's confidence [4].