Craig Hallum reiterated coverage on Silicon Motion with a new price target

Company Demos 128TB SSD Design at China Flash Market Summit 2025 TAIPEI and MILPITAS, Calif., March 12, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today announced the sampling of its groundbreaking MonTitan™ SSD Reference Design Kit (RDK) that supports up to 128TB with QLC NAND. Designed on the advanced MonTitan PCIe Gen5 SSD Development Platform. This new offering aims to accelerate enterprise and data center storage AI SSD solutions by providing a robust and efficient RDK for OEMs and partners.

TAIPEI, Taiwan and MILPITAS, Calif., March 10, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO), a global leader in designing and marketing NAND flash controllers for solid state storage devices, today announced that it will participate in the following upcoming conferences: Loop Capital's 6th Annual Investor Conference Tuesday, March 11, 2025 (meetings only) The Lotte New York Palace Hotel, New York 37th Annual Roth Conference Monday, March 17, 2025, 3:30 p.m. PDT (webcast) The Laguna Cliffs Marriott Resort & Spa in Dana Point, California Bank of America Securities 2025 Asia Tech Conference Wednesday, March 19, 2025 (meetings only) Grand Hyatt Taipei,

NUREMBERG, Germany, March 6, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion"), a global leader in NAND flash controllers for solid-state storage devices, today announced its participation in Embedded World 2025, taking place from March 11–13, 2025, in Nuremberg, Germany. At the event, Silicon Motion will showcase its latest storage and display interface solutions, including PCIe NVMe Gen4/5 SSD controllers, Ferri embedded storage solutions, and advanced display interface SoCs. These cutting-edge innovations are designed to maximize pe

Craig Hallum reiterated coverage of Silicon Motion with a rating of Buy and set a new price target of $90.00 from $96.00 previously

BofA Securities downgraded Silicon Motion from Buy to Underperform and set a new price target of $60.00 from $90.00 previously

Craig Hallum reiterated coverage of Silicon Motion with a rating of Buy and set a new price target of $96.00 from $80.00 previously

6-K - Silicon Motion Technology CORP (0001329394) (Filer)

6-K - Silicon Motion Technology CORP (0001329394) (Filer)

6-K - Silicon Motion Technology CORP (0001329394) (Filer)

TAIPEI, Taiwan and MILPITAS, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in designing and marketing NAND flash controllers for solid state storage devices, today announced, following a search process, that Jason Tsai, currently the Interim Chief Financial Officer and VP of Investor Relations and Finance of the Company, has been appointed the Chief Financial Officer, effective October 28, 2024. Mr. Tsai has served as our Interim CFO since April 25, 2024. Wallace Kou, Chief Executive Officer of Silicon Motion, said, "Jason has made innumerable contributions to the strong performance of our

TAIPEI, Taiwan and MILPITAS, Calif., Dec. 18, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion," the "Company" or "we"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today, announced the election of Mr. Cain Lin to its board of directors (the "Board") following the retirement of Mr. Yung-Chien Wang as well as the re-election of Mr. Steve Chen to its board of directors following the annual shareholders meeting on December 14, 2023. "Yung-Chien Wang has been an invaluable member of our Board for the past 18 years. We thank him for his tireless service to the Company and we extend our best wi

TAIPEI, Taiwan and MILPITAS, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion" or the "Company") today announced that its Board of Directors has authorized a new share repurchase program and approved related cash disbursement for the Company to repurchase up to $50 million of its American Depositary Shares ("ADSs") over a six-month period (the "Repurchase Program"), effective immediately. "We experienced significant top-and-bottom-line growth in fiscal year 2024 as our strategy to capture greater market share and diversify our product portfolio and addressable markets is delivering results," said Wallace Kou, President & CEO

TAIPEI, Taiwan and MILPITAS, Calif., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO)("Silicon Motion" or the "Company"), a global leader in designing and marketing NAND flash controllers for solid state storage devices, confirms today its quarterly cash dividend. On October 28, 2024, the Board of Directors of the Company declared payment of an annual dividend of US$2.00 per ADS1, equivalent to US$0.50 per ordinary share, which will be paid in four quarterly installments of $0.50 per ADS, equivalent to US$0.125 per ordinary share.  According to the previously announced record and payment dates, the next quarterly installment will be paid on February 27

TAIPEI, Taiwan and MILPITAS, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary fourth quarter financial results, revenue is expected to be at the low end of its original guidance range of $191 million to $202 million, which the Company issued on October 31, 2024. Gross margin (non-GAAP) is expected to be near the mid-point of the Company's original 46.5% to 47.5% guidance range. The Company will release its fourth quarter 2024 financial results after the market closes on February 5, 2025 and

SC 13G - Silicon Motion Technology CORP (0001329394) (Subject)

SC 13G/A - Silicon Motion Technology CORP (0001329394) (Subject)