Movement Alert|Lattice Semiconductor Intraday Rise 6.09% in Regular Trading, earnings beat and strong guidance continued to support semiconductor momentum

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On November 11, Lattice Semiconductor rose 6.09% in Regular Trading, trading at $116.73 per share, with turnover of $26.48 million.

The move aligns with the most recent market catalyst that followed the company’s better-than-expected quarterly results and above-consensus guidance, alongside continued strength across semiconductor shares.

In its fiscal third quarter, Lattice Semiconductor reported non-GAAP EPS of $0.72 on revenue of $291 million, ahead of market expectations of $0.55 and $255.9 million, respectively. For the fourth quarter, the company guided to non-GAAP EPS of $0.82 to $0.86 and revenue of $325 million to $345 million, both above consensus, while FPGA revenue increased about 90% year over year. The broader chip group also remained active on November 11, with Micron Technology up 8.12%, Broadcom up 5.82%, Taiwan Semiconductor Manufacturing up 3.16%, Advanced Micro Devices up 2.86%, and NVIDIA up 2.35%.

(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.)

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