Semtech is trading 10.76% up at $141.25 after reporting record fiscal second-quarter 2027 revenue of $341.9 million and adjusted EPS of $0.71, exceeding analyst estimates.
- Fiscal third-quarter guidance is $405 million–$415 million in revenue and $1.02–$1.08 adjusted EPS, substantially above consensus.
- Record data-center demand, bookings, and backlog are accelerating.