SMTC is trading 10.6% up today at $181.79 after reporting a fiscal Q1 earnings beat and raising its outlook on strong AI-driven demand.

  • The company posted fiscal Q1 2027 results that topped both revenue and EPS expectations.
  • Management raised Q2 guidance, citing accelerating demand for AI data center interconnect solutions.
  • The stock continues to see strong pre-market buying interest following several consecutive upside sessions.