Lattice Semiconductor is a leading provider of low-power programmable logic devices and related integrated circuits, specializing in field-programmable gate arrays (FPGAs) and other advanced semiconductor solutions. The company focuses on delivering innovative technologies that cater to a wide range of applications, including communications, automotive, industrial, and consumer electronics. Lattice's products are designed to enable high performance and efficiency, allowing engineers to create versatile hardware configurations for tasks such as digital signal processing, machine learning, and real-time data processing. Through its commitment to scalability and adaptability, Lattice Semiconductors empowers developers to enhance their designs and accelerate time-to-market for next-generation electronic systems.
Shares of semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) jumped 5.6% in the morning session after the company held its 2024 Developers Conference where it launched offerings from both the new mid-range (Avant) and the small (Nexus 2) FPGA portfolios.
Today, at Lattice Developers Conference 2024, Lattice Semiconductor (NASDAQ: LSCC) expanded its edge to cloud FPGA innovation leadership with the launch of exciting new hardware and software solutions. The new Lattice Nexus™ 2 next-gen small FPGA platform and the first device family based on the platform, Lattice Certus™-N2 general purpose FPGAs, offer advanced connectivity, optimized power and performance, and class-leading security. Lattice also announced new mid-range FPGA device capacity options – Lattice Avant™ 30 and Avant™ 50 – and new versions of Lattice design software tools and application-specific solution stacks to help accelerate customer time-to-market.
Shares of semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) jumped 7.4% in the afternoon session after the Board of Directors approved a plan for the company to repurchase $100 million more in common stock, showing management's commitment to returning value to shareholders. Since late 2020, Lattice has bought back around 6 million shares, reducing share dilution by 4.3%.
Lattice Semiconductor Corporation (Nasdaq: LSCC), the low power programmable leader, today announced that its Board of Directors authorized the Company to repurchase up to an additional $100 million of its outstanding common stock through the end of December 2025. The Company has repurchased approximately 6 million shares since the fourth quarter of 2020 thereby reducing dilution by 4.3%.
Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced that it was selected as ‘Most Respected Public Semiconductor Company’ at the 2024 Global Semiconductor Alliance (GSA) Awards. The GSA awards recognize companies that have demonstrated excellence through their vision, innovation, execution, and future opportunity, as determined by votes from GSA members.
Shares of semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) jumped 7.8% in the afternoon session after Bloomberg reported that the company is making an offer for Intel's Altera business, which is a direct competitor in the field-programmable gate arrays (FPGAs) market. With Lattice's valuation at approximately $7.5 billion—compared to the $17 billion Intel paid for Altera—there are indications that the deal may require additional parties such as private equity and complex structuring to enable Lattice to do the deal.
I was delighted to see my biggest position, SMH puts, push even higher in value on Friday. Here, I provide a brief look at various semiconductors for your perusal.
Semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 33.9% year on year to $127.1 million. On the other hand, next quarter’s revenue guidance of $117 million was less impressive, coming in 11.4% below analysts’ estimates. Its non-GAAP profit of $0.24 per share was 1.5% above analysts’ consensus estimates.
Lattice Semiconductor Corporation (Nasdaq: LSCC), the low power programmable leader, announced financial results today for the fiscal third quarter ended September 28, 2024.
SUNNYVALE, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- 23andMe Holding Co. (Nasdaq: ME) (the “Company” or “23andMe”), a leading human genetics and preventive health company, today announced the appointments of Andre Fernandez, Jim Frankola, and Mark Jensen, three accomplished and experienced executives, as independent members of the Company’s Board of Directors (the “Board”), effective on October 28, 2024. Each of Mr. Fernandez, Mr. Frankola, and Mr. Jensen have been appointed to serve as members of the Board’s Audit Committee and Compensation Committee, with Mr. Fernandez serving as the Chair of the Audit Committee and Mr. Jensen serving as the Chair of the Compensation Committee. In addition, Mr. Jensen has been appointed to serve as the Board’s Lead Independent Director.
Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced the full agenda and speaker lineup for the Lattice Developers Conference from December 10-11, 2024. The hybrid event will feature insightful guest keynote appearances from Dell, Microsoft, SICK, and Teledyne FLIR, dynamic breakout sessions with Lattice and other industry experts, and a robust showcase of FPGA-based technology demonstrations. Together, ecosystem partners and industry leaders will explore the cutting-edge techniques and benefits of low power FPGA solutions for edge AI, security, and advanced connectivity applications, and more.
Lattice Semiconductor Corporation (Nasdaq: LSCC), the low power programmable leader, today announced that it will hold its third quarter 2024 conference call on Monday, Nov. 4, 2024. Ford Tamer, Chief Executive Officer, and Tonya Stevens, Interim Chief Financial Officer, will discuss Lattice Semiconductor’s financial results and business outlook.
