AI InfrastructureSemtech is benefiting from leadership in optical components for high-speed AI connectivity applications, which significantly boosted its Infrastructure business.
Market ShareSemtech Corp. is gaining market share with its Transient Voltage Suppression and PerSe proximity sensing products, which have a strong position with leading smartphone OEMs.
Revenue GrowthSemtech continued to see strong growth in its long-range low-power LoRa business, which earned $38.9 million in Q1, up 5% sequentially and up another 81% annually.