Allegro Microsystems is trading at $30.38, down 8.02%, after its next-quarter revenue midpoint implied year-over-year growth slowing to 23% from 29%. - Fiscal second-quarter sales of $277 million and adjusted EPS of $0.26 beat estimates. - Analysts cut price targets after the results. - Broader semiconductor weakness, reportedly following Intel’s outlook and concerns about AI spending, added pressure; SOXX fell 2.50% during the regular session.