SMTC is trading 4.3% up now at $148.00 in pre-market, extending yesterday’s strength after a strong move to $141.85 (+5.24%).
Recent commentary has highlighted SMTC’s data-center connectivity roadmap, including opportunities in next‑generation active copper and optics, alongside a UBS price target hike. With no new headlines overnight and broader futures roughly flat, the pre-market gain appears to be a continued reaction to that bullish narrative.