Semtech Shares Hit 52-Week High: Will the Bull Run Continue?
Semtech(SMTC) ZACKS·2024-09-27 00:56
Semtech Corporation (SMTC) shares hit a 52-week high of $48.24 on Wednesday and eventually closed at $47.47, up 116.6% year to date (YTD). Shares have outperformed the broader Zacks Computer & Technology sector's return of 23.1%. SMTC shares have also outperformed the Zacks Semiconductor – Analog and Mixed industry, as well as peers like Monolithic Power Systems (MPWR) , MACOM Technology Solutions (MTSI) and Analog Devices (ADI) in the same time frame. Shares of Monolithic Power Systems, MACOM Technology So ...