🟢 Semtech is trading 4.38% up in pre-market after an earnings beat and above-consensus guidance

Semtech is trading 4.38% up in pre-market at $133.10 after reporting record second-quarter fiscal 2027 revenue of $341.9 million and adjusted EPS of $0.71, beating estimates.

• Data-center revenue reached $100 million, up 91% year over year, reinforcing strong AI infrastructure demand.
• Management guided third-quarter revenue to $405 million–$415 million, above the $379 million consensus, supporting the pre-market rally.