🟢 Semtech is trading 4.3% up in after-hours trading after record Q2 results and stronger Q3 guidance

Semtech is trading +4.30% at $133.00 after reporting record fiscal Q2 2027 results and issuing stronger-than-expected Q3 guidance.

• Q2 revenue reached $341.9 million, exceeding expectations near $328.6 million; adjusted EPS was $0.71.
• Record data-center revenue reached approximately $100 million, while Q3 revenue guidance is $405 million–$415 million, reinforcing the accelerating AI infrastructure pivot.