Semtech's Surprise: Q2 Earnings, Debt Reduction & Future Tech

Semtech's Q2 earnings beat expectations, fueled by data center growth and strategic financial moves, sending shares soaring. CEO Hong Hou highlights nearly $900M in debt reduction, reassuring investors despite margin pressures. The focus is now on ramping up next-gen data center tech like LPO and CopperEdge, with analysts keen on LoRa and PerSe expansion. Can Semtech maintain momentum through successful product launches and further balance sheet improvements? Hosted on Acast. See acast.com/privacy for more information.