New York, Jan 31, 2026, 21:36 (EST) — Market closed.
- Shares of Lattice Semiconductor fell 3.35% on Friday, ending the day at $80.52.
- Chip stocks took a broad hit, dragging the iShares Semiconductor ETF down over 4% on the day.
- Investors are eyeing the U.S. jobs report due Feb. 6 and Lattice’s earnings call scheduled for Feb. 10 as the next potential catalysts.
Lattice Semiconductor shares dropped 3.35% on Friday, closing at $80.52 on the Nasdaq amid a pullback in chip stocks. (Trading Economics)
As U.S. markets remain closed for the weekend, all eyes shift to Lattice’s Feb. 10 conference call covering fourth-quarter and full-year 2025 results, along with its business outlook. CEO Ford Tamer and CFO Lorenzo Flores will lead the call. (Business Wire)
The decline hit more than a single stock. On Jan. 30, the iShares Semiconductor ETF saw its NAV fall 4.15% in a single day. (BlackRock)
Shares of other chipmakers linked to industrial and embedded markets also declined Friday. Microchip Technology slid 4.33%, while NXP Semiconductors dropped 3.15%, according to data. (MarketWatch)
Wall Street’s major indexes slipped on Friday, pressured by President Donald Trump’s nomination of Kevin Warsh to replace Jerome Powell. Investors also wrestled with ongoing concerns over inflation and corporate earnings. “Markets are calibrating to Trump’s pick of Kevin Warsh … and the outlook for monetary policy,” noted Michael Hans of Citizens Wealth. (Reuters)
Rate expectations continue to drive movements in many growth stocks. Federal Reserve Vice Chair for Supervision Michelle Bowman indicated she still sees rate cuts coming this year, even after the Fed paused its policy rate at 3.50% to 3.75%. “The labor market is fragile,” Bowman noted. (Reuters)
Lattice produces low-power programmable chips called FPGAs — field-programmable gate arrays — which find applications in communications equipment, industrial machinery, and consumer electronics. Demand can shift rapidly if customers delay deployments or clear out existing stock.
Next week will see a flood of earnings reports, with a spotlight on capital spending—capex—tied to AI infrastructure. “It did confirm that capex spending on building out AI infrastructure will not see any letup,” said Sid Vaidya of TD Wealth. Advanced Micro Devices is among the companies set to report earnings. (Reuters)
The next move in Lattice could hinge on its guidance. If the company signals caution or points to weaker orders in industrial and communications sectors, the stock might drift lower with its peers—especially if interest rates climb or risk appetite wanes.
Traders have their eyes set on a specific date: the U.S. Employment Situation report for January arrives Feb. 6 at 8:30 a.m. ET. Then, Lattice is scheduled to hold its results call on Feb. 10. (Bls)