Movement Alert｜Lattice Semiconductor Pre-Market Rise 5.09%, earnings beat and semiconductor strength continue to support shares

Market Focus

Yesterday

On November 11, Lattice Semiconductor rose 5.09% in Pre-Market Trading, trading at $116.91 per share, with turnover of $251.1 thousand.

The move aligns with the company’s recently reported quarterly results and outlook that both exceeded market expectations, while semiconductor stocks remained broadly strong in the same session.

Lattice Semiconductor previously reported third-quarter non-GAAP EPS of $0.72 on revenue of $291 million, above consensus expectations near $0.55 and $255.9 million. It also guided fourth-quarter non-GAAP EPS to $0.82-$0.86 and revenue to $325-$345 million, both ahead of market forecasts, with FPGA revenue rising about 90% year over year. In sector trading, Advanced Micro Devices rose 5.23%, Micron Technology rose 5.21%, Intel rose 4.85%, Broadcom rose 3.58%, and NVIDIA rose 3.45%.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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