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Semtech Projects $410M Q3 FY2027 Revenue With 45% Sequential Data Center GrowthStockRadars Co., · Pexels
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Semtech Projects $410M Q3 FY2027 Revenue With 45% Sequential Data Center Growth

Source Summary

Semtech has issued guidance for Q3 FY2027 revenue of $410 million, with data center revenue expected to grow 45% sequentially. The company is advancing its divestiture of its cellular module business as part of its strategic portfolio restructuring.

Why it matters

The guidance demonstrates Semtech's strong data center momentum and signals the company's strategic shift toward higher-margin segments through portfolio optimization.

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NASDAQ:SMTCLive chart