Semtech (SMTC) Dropped, So What Is Behind The Latest Attention?

Semtech (SMTC) drew investor attention after agreeing to sell its cellular module business for US$62 million, with the stock rising 9.3%. The move refocuses the company on AI data center networking and LoRa connectivity. See our latest analysis for Semtech. Those moves come after a volatile stretch for Semtech, with the share price falling 12.31% on the day yet still showing a 79.68% year to date share price return and a very large 3 year total shareholder return of 429.69%. If Semtech's...