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The latest update is out from Semtech ( (SMTC) ).
Semtech Corporation has revised its net sales expectations for fiscal year 2026 concerning its CopperEdgeTM products, which are used in active copper cables. These sales are now expected to fall below the previously projected floor case estimate of $50 million due to changes in server rack architecture, with no anticipated increase throughout the fiscal year. Despite this, the CopperEdge portfolio is projected to be integrated into future server rack designs, indicating ongoing collaboration with customers and end users.
More about Semtech
YTD Price Performance: -2.58%
Average Trading Volume: 1,992,540
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $5.21B
For a thorough assessment of SMTC stock, go to TipRanks’ Stock Analysis page.
