Lattice Semiconductor Corporation - Common Stock (LSCC)
56.69
-0.04 (-0.07%)
Lattice Semiconductor is a leading provider of low-power programmable logic devices and related integrated circuits, specializing in field-programmable gate arrays (FPGAs) and other advanced semiconductor solutions
The company focuses on delivering innovative technologies that cater to a wide range of applications, including communications, automotive, industrial, and consumer electronics. Lattice's products are designed to enable high performance and efficiency, allowing engineers to create versatile hardware configurations for tasks such as digital signal processing, machine learning, and real-time data processing. Through its commitment to scalability and adaptability, Lattice Semiconductors empowers developers to enhance their designs and accelerate time-to-market for next-generation electronic systems.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at processors and graphics chips stocks, starting with AMD (NASDAQAMD).
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at SMART (NASDAQSGH) and the best and worst performers in the processors and graphics chips industry.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Lattice Semiconductor (NASDAQLSCC) and the rest of the processors and graphics chips stocks fared in Q3.
QuickLogic Corp (NASDAQQUIK) stock down 40% YTD. The company benefits from Cold War 2.0 and increase in space defense budgets. Analyst initiates coverage with $11.60 target.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at semiconductors stocks, starting with Western Digital (NASDAQWDC).
Shares of semiconductor designer Lattice Semiconductor (NASDAQLSCC) jumped 5.6% in the morning session after the company held its 2024 Developers Conference where it launched offerings from both the new mid-range (Avant) and the small (Nexus 2) FPGA portfolios.
Shares of semiconductor designer Lattice Semiconductor (NASDAQLSCC) jumped 7.4% in the afternoon session after the Board of Directors approved a plan for the company to repurchase $100 million more in common stock, showing management's commitment to returning value to shareholders. Since late 2020, Lattice has bought back around 6 million shares, reducing share dilution by 4.3%.
Shares of semiconductor designer Lattice Semiconductor (NASDAQLSCC) jumped 7.8% in the afternoon session after Bloomberg reported that the company is making an offer for Intel's Altera business, which is a direct competitor in the field-programmable gate arrays (FPGAs) market. With Lattice's valuation at approximately $7.5 billion—compared to the $17 billion Intel paid for Altera—there are indications that the deal may require additional parties such as private equity and complex structuring to enable Lattice to do the deal.
I was delighted to see my biggest position, SMH puts, push even higher in value on Friday. Here, I provide a brief look at various semiconductors for your perusal.
Semiconductor designer Lattice Semiconductor (NASDAQLSCC) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 33.9% year on year to $127.1 million. On the other hand, next quarter’s revenue guidance of $117 million was less impressive, coming in 11.4% below analysts’ estimates. Its non-GAAP profit of $0.24 per share was 1.5% above analysts’ consensus estimates.
