On November 6, Lattice Semiconductor rose 7.15% in Regular Trading, trading at $104.98 per share, with turnover of $13.7486 million.
The move was linked to the company’s previously reported quarterly results and guidance that exceeded market expectations, alongside a broad rebound in semiconductor stocks.
Lattice Semiconductor previously reported third-quarter non-GAAP EPS of $0.72 on revenue of $291 million, both above consensus. The company also guided fourth-quarter non-GAAP EPS to $0.82-$0.86 and revenue to $325-$345 million, ahead of market expectations, while FPGA revenue increased about 90% year over year. On November 6, major semiconductor names also advanced sharply, including NVIDIA rising 7.03%, Micron Technology 9.99%, Advanced Micro Devices 12.98%, Taiwan Semiconductor Manufacturing 7.64%, and Intel 8.23%, reinforcing the sector linkage behind the stock’s rise.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)