Chipmaker Semtech (SMTC) late Wednesday beat Wall Street’s targets for its fiscal second quarter but badly missed the mark with its outlook for the current quarter. SMTC stock tumbled in extende...
Tag: SMTC
Marvell and Other Chip Stocks Are Struggling. Two Bulls Turned Neutral.
Text size Pointing to concerns about demand, B.Riley just downgraded chip stocks. Dreamstime Semiconductor stocks have struggled this year as investors fretted about a potential economic slowdown. Poi...