🟢 SMTC is trading 6% up today ahead of Q1 earnings and AI-driven growth expectations

SMTC is trading about 6% up at $165.58 today, extending a strong multi-day rally ahead of its fiscal Q1 2027 earnings report.

• The company is scheduled to announce results after the close on May 26, with investors positioning for potential beats in revenue and earnings.
• Wall Street expects double-digit revenue growth and higher non-GAAP EPS, primarily driven by surging demand in the AI and data center sectors.
• Positive sentiment surrounding the company's exposure to high-growth tech segments is fueling the pre-market momentum.