May 22, 2024
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Analysts believe Semtech is cornering IoT market

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Shares of Camarillo-based Semtech are up more than 20% since the company announced its earnings for the fourth quarter and full year 2023 on March 28. Announced after the markets closed, Semtech noted net sales of $192.9 million in the fourth quarter of 2023, above the company’s midpoint guidance issued during the third quarter.  Moreover,…

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