Semtech Corporation Reports Record Revenue Driven by Data Center and LoRa Growth
Semtech Corporation reported record quarterly revenue driven by strong performance in its data center and LoRa segments. The company secured new sockets for its 800G FiberEdge portfolio, gained traction with CopperEdge ACC solutions, and is positioned to benefit from the acquisition of HIFU as it advances into higher-speed optical modules.
Topics: acquisition data center growth outlook LoRa optics