Semtech stock jumps 9% today as SMTC hits fresh high — what’s moving the shares now
New York, Feb 2, 2026, 12:52 EST — Regular session Shares of Semtech Corp jumped 9.4% to $87.21 by midday Monday, reaching an intraday high of $88.59, marking a fresh 52-week peak. The stock kicked off the session at $78.74 and saw volume slightly above its 30-day average.