Semtech is trading 9.18% down at $127.25, tracking broad semiconductor weakness; no fresh Semtech-specific catalyst was identified. - Semiconductor stocks sold off after Intel’s weak fourth-quarter outlook and concerns about AI infrastructure spending. - The semiconductor ETF SOXX was down 10.40% during the regular session, with reports also describing declines across other chipmakers. - The move follows Semtech’s 4.16% drop on October 29.