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NASDAQ:SMTC 7 July 2025 - 2 February 2026

Semtech stock jumps 9% today as SMTC hits fresh high — what’s moving the shares now

Semtech stock jumps 9% today as SMTC hits fresh high — what’s moving the shares now

Semtech shares surged 9.4% to $87.21 by midday Monday, hitting a new 52-week high of $88.59. Trading volume topped the 30-day average as the stock outpaced a 3% gain in the broader semiconductor index. The jump followed last week’s launch of new AirLink 5G “RedCap” routers targeting industrial IoT markets. Investors are watching for updates at DistribuTECH 2026 in San Diego this week.
2 February 2026
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Global IoT Market 2025 Forecast: Inside the $1 Trillion Tech Revolution

Global IoT Market 2025 Forecast: Inside the $1 Trillion Tech Revolution

Global IoT spending is projected to approach $1 trillion in 2025, up from $805.7 billion in 2023. Connected IoT devices are expected to reach 27 billion by 2025. Manufacturing leads spending, with $73 billion for operations and $68 billion for asset management in 2023. Semtech acquired Sierra Wireless for $1.2 billion in 2023; Vodafone and Microsoft announced a 10-year IoT partnership in 2024.
7 July 2025
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