• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: SEC Form SC 13G/A filed by Semtech Corporation

    11/6/24 4:18:57 PM ET
    $SMTC
    Semiconductors
    Technology
    Get the next $SMTC alert in real time by email
    SC 13G/A 1 SMTC_SC13GA1.htm SCHEDULE 13G

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    SCHEDULE 13G
    Under the Securities Exchange Act of 1934

    (AMENDMENT NO. 1)

    SEMTECH CORPORATION
    (Name of Issuer)

    COMMON STOCK, PAR VALUE $0.01 PER SHARE
    (Title of Class of Securities)

    816850101
    (CUSIP Number)

    SEPTEMBER 30, 2024
    (Date of event which requires filing of this statement)

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

         o Rule 13d-1(b)

         þ Rule 13d-1(c)

         o Rule 13d-1(d)

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the notes).



                         
    CUSIP No.
     
    816850101

    SCHEDULE 13G

    Page  
    2
      of   
    10

    1
     NAMES OF REPORTING PERSONS
     
     Millennium Management LLC
    2
     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (a)   o
     (b)   o
    3
     SEC USE ONLY
    4
     CITIZENSHIP OR PLACE OF ORGANIZATION

     Delaware
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON WITH
    5
     SOLE VOTING POWER

     -0-
    6
     SHARED VOTING POWER

     1,445,374
     
    7
     SOLE DISPOSITIVE POWER

     -0-
     
    8
     SHARED DISPOSITIVE POWER

     1,445,374
     
    9
     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     1,445,374
    10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     o
    11
     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     1.9%
    12 TYPE OF REPORTING PERSON

     
    OO


                         
    CUSIP No.
     
    816850101

    SCHEDULE 13G

    Page  
    3
      of   
    10

    1
     NAMES OF REPORTING PERSONS
     
     Millennium Group Management LLC
    2
     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (a)   o
     (b)   o
    3
     SEC USE ONLY
    4
     CITIZENSHIP OR PLACE OF ORGANIZATION

     Delaware
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON WITH
    5
     SOLE VOTING POWER

     -0-
    6
     SHARED VOTING POWER

     1,445,374
     
    7
     SOLE DISPOSITIVE POWER

     -0-
     
    8
     SHARED DISPOSITIVE POWER

     1,445,374
     
    9
     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     1,445,374
    10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     o
    11
     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     1.9%
    12 TYPE OF REPORTING PERSON

     
    OO


                         
    CUSIP No.
     
    816850101

    SCHEDULE 13G

    Page  
    4
      of   
    10

    1
     NAMES OF REPORTING PERSONS
     
     Israel A. Englander
    2
     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (a)   o
     (b)   o
    3
     SEC USE ONLY
    4
     CITIZENSHIP OR PLACE OF ORGANIZATION

     United States
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON WITH
    5
     SOLE VOTING POWER

     -0-
    6
     SHARED VOTING POWER

     1,445,374
     
    7
     SOLE DISPOSITIVE POWER

     -0-
     
    8
     SHARED DISPOSITIVE POWER

     1,445,374
     
    9
     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     1,445,374
    10
     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     o
    11
     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     1.9%
    12
     TYPE OF REPORTING PERSON

     IN

                         
    CUSIP No.
     
    816850101

     SCHEDULE 13G

    Page  
    5
      of   
    10
     
    Item 1.    
     
    (a) Name of Issuer:
     
       
     
      Semtech Corporation
     
       
     
    (b) Address of Issuer’s Principal Executive Offices:
     
       
     
     

    200 Flynn Road
    Camarillo, California 93012-8790

         
    Item 2.
    (a) Name of Person Filing:
     
    (b) Address of Principal Business Office:
     
    (c) Citizenship:
         
     
      Millennium Management LLC
    399 Park Avenue
    New York, New York 10022
    Citizenship: Delaware
     
       
     
      Millennium Group Management LLC
    399 Park Avenue
    New York, New York 10022
    Citizenship: Delaware
     
       
     
      Israel A. Englander
    c/o Millennium Management LLC
    399 Park Avenue
    New York, New York 10022
    Citizenship: United States
     
       
      (d) Title of Class of Securities:
    common stock, par value $0.01 per share ("Common Stock")
     
      (e) CUSIP Number:
    816850101
     
     

    Item 3.  If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:

     
      (a)   o   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
                 
     
      (b)   o   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
                 
     
      (c)   o   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
                 
     
      (d)   o   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
                 
     
      (e)   o   An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
                 
     
      (f)   o    An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

                         
    CUSIP No.
     
    816850101

     SCHEDULE 13G

    Page  
    6
      of   
    10
                 
     
      (g)   o   A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
                 
     
      (h)   o   A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
                 
     
      (i)   o   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
                 
     
      (j)   o   Group, in accordance with §240.13d-1(b)(1)(ii)(J).

    Item 4. Ownership

       Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

    (a) Amount Beneficially Owned:

       See response to Item 9 on each cover page.

    (b) Percent of Class:   

       See response to Item 11 on each cover page.

     (c) Number of shares as to which such person has:

    (i) Sole power to vote or to direct the vote

       See response to Item 5 on each cover page.


                         
    CUSIP No.
     
    816850101

     SCHEDULE 13G

    Page  
    7
      of   
    10

    (ii) Shared power to vote or to direct the vote

       See response to Item 6 on each cover page.

    (iii) Sole power to dispose or to direct the disposition of

       See response to Item 7 on each cover page.

    (iv) Shared power to dispose or to direct the disposition of

       See response to Item 8 on each cover page.

       The securities disclosed herein as potentially beneficially owned by Millennium Management LLC, Millennium Group Management LLC and Mr. Englander are held by entities subject to voting control and investment discretion by Millennium Management LLC and/or other investment managers that may be controlled by Millennium Group Management LLC (the managing member of Millennium Management LLC) and Mr. Englander (the sole voting trustee of the managing member of Millennium Group Management LLC). The foregoing should not be construed in and of itself as an admission by Millennium Management LLC, Millennium Group Management LLC or Mr. Englander as to beneficial ownership of the securities held by such entities.

    Item 5. Ownership of Five Percent or Less of a Class

       If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following þ.

    Item 6. Ownership of More than Five Percent on Behalf of Another Person.

        Not applicable.

    Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

        Not applicable.

    Item 8. Identification and Classification of Members of the Group

        See Exhibit I.

    Item 9. Notice of Dissolution of Group

        Not applicable.

    Item 10. Certification 

       By signing below each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


                         
    CUSIP No.
     
    816850101

    SCHEDULE 13G

    Page  
    8
      of   
    10

    Exhibits:

    Exhibit I:  Joint Filing Agreement, dated as of November 5, 2024, by and among Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander.


                         
    CUSIP No.
     
    816850101

    SCHEDULE 13G

    Page  
    9
      of   
    10
                         
         

    SIGNATURE

                 

    After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct.

    Dated: November 5, 2024

    MILLENNIUM MANAGEMENT LLC

    By: /s/Gil Raviv

    Name: Gil Raviv
    Title:  Global General Counsel

     

    MILLENNIUM GROUP MANAGEMENT LLC

    By: /s/Gil Raviv

    Name: Gil Raviv
    Title:  Global General Counsel

     

    /s/ Israel A. Englander

    Israel A. Englander



                         
    CUSIP No.
     
    816850101

    SCHEDULE 13G

    Page  
    10
      of   
    10
                         
          EXHIBIT I              
                         
          JOINT FILING AGREEMENT              

    This will confirm the agreement by and among the undersigned that the Schedule 13G filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial ownership by the undersigned of the Common Stock, par value $0.01 per share, of Semtech Corporation will be filed on behalf of each of the persons and entities named below in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

    Dated: November 5, 2024

    MILLENNIUM MANAGEMENT LLC

    By: /s/Gil Raviv

    Name: Gil Raviv
    Title:  Global General Counsel

     

    MILLENNIUM GROUP MANAGEMENT LLC

    By: /s/Gil Raviv

    Name: Gil Raviv
    Title:  Global General Counsel

     

    /s/ Israel A. Englander

    Israel A. Englander


    Get the next $SMTC alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $SMTC

    DatePrice TargetRatingAnalyst
    4/7/2025$30.00Equal-Weight
    Morgan Stanley
    3/14/2025$70.00 → $55.00Buy
    Craig Hallum
    1/17/2025$85.00Buy
    UBS
    11/26/2024$48.00 → $70.00Buy
    Craig Hallum
    11/26/2024$50.00 → $70.00Buy
    Needham
    8/28/2024Buy → Hold
    Summit Insights
    6/6/2024$36.00 → $48.00Buy
    Craig Hallum
    4/1/2024$30.00 → $36.00Buy
    Craig Hallum
    More analyst ratings

    $SMTC
    Financials

    Live finance-specific insights

    See more
    • Semtech Announces Fourth Quarter and Fiscal Year 2025 Results

      Fourth Quarter of Fiscal Year 2025 Net sales of $251.0 million, up 6% sequentially GAAP gross margin of 52.0%, up 90 basis points sequentially and Non-GAAP adjusted gross margin of 53.2%, up 80 basis points sequentially GAAP operating margin of 8.5%, up 100 basis points sequentially and Non-GAAP adjusted operating margin of 19.9%, up 160 basis points sequentially GAAP diluted earnings per share of $0.43 and Non-GAAP adjusted diluted earnings per share of $0.40 Operating cash flow of $33.5 million and free cash flow of $30.9 million Fiscal Year 2025 Net sales of $909.3 million, up 5% from fiscal year 2024 GAAP gross margin of 50.2%, up 1,610 basis points from fiscal year 2024

      3/13/25 4:10:00 PM ET
      $SMTC
      Semiconductors
      Technology
    • Semtech Announces Fourth Quarter of Fiscal Year 2025 Conference Call

      Semtech Corporation (NASDAQ:SMTC), a high-performance semiconductor, IoT systems and cloud connectivity service provider, announced plans to release the financial results of its fourth quarter of fiscal year 2025 after the close of the market on Thursday, March 13, 2025. The results will be released through Business Wire and posted at www.semtech.com. Semtech will host a conference call at 1:30 p.m. PT (4:30 p.m. ET) Thursday, March 13, 2025, to discuss its fourth quarter of fiscal year 2025 performance and events, current business activities and conditions, and the outlook for the business. Participants can dial in to the call at 877-407-0312 (toll-free) or 201-389-0899 (toll/internation

      2/27/25 4:30:00 PM ET
      $SMTC
      Semiconductors
      Technology
    • Semtech Announces Third Quarter of Fiscal Year 2025 Results

      Net sales of $236.8 million, up 10% sequentially Record data center net sales of $43.1 million, up 58% sequentially GAAP gross margin of 51.1%, up 210 basis points sequentially and Non-GAAP gross margin of 52.4%, up 200 basis points sequentially GAAP operating margin of 7.5%, up 390 basis points sequentially and Non-GAAP operating margin of 18.3%, up 410 basis points sequentially GAAP diluted loss per share of $0.10 and Non-GAAP diluted earnings per share of $0.26 Adjusted EBITDA margin of 21.6%, up 280 basis points sequentially Semtech Corporation (NASDAQ:SMTC), a high-performance semiconductor, IoT systems and cloud connectivity service provider, today reported unaudite

      11/25/24 4:15:00 PM ET
      $SMTC
      Semiconductors
      Technology

    $SMTC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Semtech Showcases Next-Gen LoRa® Technology at IoT Solutions World Congress 2025

      LoRa Plus™ LR2021 and LoRa Connect™ LR1121 Solutions Power Advanced IoT Deployments From Edge to Cloud Semtech Corporation (NASDAQ:SMTC), a leading provider of high-performance semiconductor, Internet of Things (IoT) systems and cloud connectivity service solutions, will showcase its groundbreaking IoT innovations at IoT Solutions World Congress (IOTSWC) in Barcelona, May 13-15, 2025. As part of the LoRa Alliance's "Building Massive IoT with LoRaWAN®" program, Semtech will demonstrate how its fourth-generation LoRa technology is revolutionizing connectivity for Artificial Intelligence (AI)-powered IoT deployments worldwide. This press release features multimedia. View the full release here

      5/8/25 8:00:00 AM ET
      $SMTC
      Semiconductors
      Technology
    • Semtech Wireless Technology Benefits People with Hearing Loss

      - Ultra-small, ultra-low power 2.4GHz wireless radio and power management integrated circuit (IC) offers significantly enhanced Bluetooth® connectivity - Multiprotocol capability improves reliability, extends transmission distance and enhances battery efficiency to deliver real-life benefits for people with hearing loss Semtech Corporation (NASDAQ:SMTC), a leading provider of high-performance semiconductor, Internet of Things (IoT) systems and cloud connectivity service solutions, announced that Sonova AG, a world leader in innovative hearing care solutions, chose Semtech as a technology partner to create an ultra-small and ultra-low power 2.4GHz wireless radio and power management IC. Kn

      5/6/25 8:00:00 AM ET
      $SMTC
      Semiconductors
      Technology
    • Semtech Announces Upsize of Revolving Credit Facility

      Semtech Corporation (NASDAQ:SMTC), a leading provider of high-performance semiconductor, Internet of Things (IoT) systems and cloud connectivity service solutions ("Semtech" or "Company"), today announced it has entered into a Fourth Amendment to its Third Amended and Restated Credit Agreement which increased the total borrowing capacity under the revolving credit facility by $117.5 million for a total revolving credit facility size of $455.0 million. No financial covenants or material terms were modified as part of this amendment. The increase partially replaces borrowing capacity that matured on November 7, 2024. The revolving credit facility remains undrawn except for previously outstand

      4/28/25 9:20:00 AM ET
      $SMTC
      Semiconductors
      Technology

    $SMTC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Morgan Stanley initiated coverage on Semtech with a new price target

      Morgan Stanley initiated coverage of Semtech with a rating of Equal-Weight and set a new price target of $30.00

      4/7/25 8:44:19 AM ET
      $SMTC
      Semiconductors
      Technology
    • Craig Hallum reiterated coverage on Semtech with a new price target

      Craig Hallum reiterated coverage of Semtech with a rating of Buy and set a new price target of $55.00 from $70.00 previously

      3/14/25 8:10:51 AM ET
      $SMTC
      Semiconductors
      Technology
    • UBS initiated coverage on Semtech with a new price target

      UBS initiated coverage of Semtech with a rating of Buy and set a new price target of $85.00

      1/17/25 7:49:10 AM ET
      $SMTC
      Semiconductors
      Technology

    $SMTC
    SEC Filings

    See more
    • Semtech Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - SEMTECH CORP (0000088941) (Filer)

      4/28/25 9:20:42 AM ET
      $SMTC
      Semiconductors
      Technology
    • SEC Form DEFA14A filed by Semtech Corporation

      DEFA14A - SEMTECH CORP (0000088941) (Filer)

      4/24/25 4:32:09 PM ET
      $SMTC
      Semiconductors
      Technology
    • SEC Form DEF 14A filed by Semtech Corporation

      DEF 14A - SEMTECH CORP (0000088941) (Filer)

      4/24/25 4:30:25 PM ET
      $SMTC
      Semiconductors
      Technology

    $SMTC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • EVP and CFO Lin Mark converted options into 3,164 shares, covered exercise/tax liability with 1,518 shares and sold $34,890 worth of shares (1,013 units at $34.44), increasing direct ownership by 5% to 14,114 units (SEC Form 4)

      4 - SEMTECH CORP (0000088941) (Issuer)

      4/3/25 4:11:54 PM ET
      $SMTC
      Semiconductors
      Technology
    • SVP and GM Gray William Ross converted options into 1,599 shares and covered exercise/tax liability with 856 shares, increasing direct ownership by 6% to 12,435 units (SEC Form 4)

      4 - SEMTECH CORP (0000088941) (Issuer)

      4/1/25 6:34:32 PM ET
      $SMTC
      Semiconductors
      Technology
    • SVP and GM Rayabhari Madhusudhan converted options into 3,230 shares and covered exercise/tax liability with 1,641 shares, increasing direct ownership by 3% to 56,115 units (SEC Form 4)

      4 - SEMTECH CORP (0000088941) (Issuer)

      4/1/25 6:32:32 PM ET
      $SMTC
      Semiconductors
      Technology

    $SMTC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more

    $SMTC
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $SMTC
    Leadership Updates

    Live Leadership Updates

    See more
    • Amendment: SEC Form SC 13G/A filed by Semtech Corporation

      SC 13G/A - SEMTECH CORP (0000088941) (Subject)

      11/12/24 12:54:20 PM ET
      $SMTC
      Semiconductors
      Technology
    • Amendment: SEC Form SC 13G/A filed by Semtech Corporation

      SC 13G/A - SEMTECH CORP (0000088941) (Subject)

      11/6/24 4:18:57 PM ET
      $SMTC
      Semiconductors
      Technology
    • SEC Form SC 13G filed by Semtech Corporation

      SC 13G - SEMTECH CORP (0000088941) (Subject)

      4/23/24 4:20:49 PM ET
      $SMTC
      Semiconductors
      Technology
    • Lin Mark bought $33,232 worth of shares (1,000 units at $33.23) (SEC Form 4)

      4 - SEMTECH CORP (0000088941) (Issuer)

      4/8/24 4:46:00 PM ET
      $SMTC
      Semiconductors
      Technology
    • SEC Form 4: Walsh Paul V Jr bought $496,520 worth of shares (20,000 units at $24.83), increasing direct ownership by 2,252% to 20,888 units

      4 - SEMTECH CORP (0000088941) (Issuer)

      9/18/23 7:14:58 PM ET
      $SMTC
      Semiconductors
      Technology
    • Semtech Appoints Jason Green as Executive Vice President and Chief Commercial Officer

      Semtech Corporation (NASDAQ:SMTC), a high-performance semiconductor, Internet of Things (IoT) systems and cloud connectivity service provider, today announced the appointment of Jason Green as executive vice president and chief commercial officer, effective immediately. In this role, Mr. Green will lead Semtech's global sales, marketing, customer engagement, partnerships, and go-to-market strategy. He will report directly to Hong Hou, president and chief executive officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250204061477/en/Semtech Appoints Jason Green as Executive Vice President and Chief Commercial Officer (Photo: B

      2/4/25 8:00:00 AM ET
      $SMTC
      Semiconductors
      Technology
    • Semtech Appoints Semiconductor Industry Leader, Hong Q. Hou, as President and CEO

      Dr. Hou Brings Technical, Operational and Strategic Leadership in Hyperscale and Semiconductor Industries Follows Departure of Paul H. Pickle as President and CEO Reaffirms Second Quarter Fiscal Year 2025 Guidance Semtech Corporation ("Semtech" or the "Company") (NASDAQ:SMTC), a high-performance semiconductor, IoT systems, and connectivity service provider, today announced the appointment of Dr. Hong Q. Hou, a current member of the Semtech Board of Directors, as President and Chief Executive Officer, effective June 6, 2024. Dr. Hou's appointment follows Paul H. Pickle's departure as President and Chief Executive Officer. "We are pleased to have made measurable progress stabilizing t

      6/7/24 8:30:00 AM ET
      $SMTC
      Semiconductors
      Technology
    • Semtech Elevates Global IoT Connectivity with HL78 Modules Enhanced by NTN Capabilities

      Semtech Corporation (NASDAQ:SMTC), a high-performance semiconductor, IoT systems, and connectivity service provider, today announced the integration of Non-Terrestrial Network (NTN) support into its HL series LPWA modules, specifically the HL7810 and HL7812. This significant advancement showcases a major leap forward in enabling uninterrupted global connectivity even amidst the most challenging conditions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240327462605/en/Semtech Sierra Wireless HL781 Series Module with NTN capabilities (Graphic: Semtech) Connectivity is crucial for ensuring safety and driving business success. Semt

      3/27/24 11:00:00 AM ET
      $SMTC
      Semiconductors
      Technology