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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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Stock Market Today

  • SGX Buybacks: Small-Cap Picks Show Confidence Backed by Cash Flow
    June 17, 2026, 12:14 AM EDT. Singapore's stock buybacks hit S$1.26 billion in early 2026, up from S$930 million in 2025. While giants like Singtel lead with S$497 million repurchased, smaller companies such as Credit Bureau Asia and Micro-Mechanics quietly repurchased shares using solid free cash flow (FCF), avoiding borrowing. Credit Bureau Asia, debt-free with S$71.1 million in liquid assets, boosted dividends despite modest revenue growth. Micro-Mechanics, supplying semiconductor parts, showed strong revenue and profit gains, repurchasing S$368,321 in shares. These buybacks indicate management confidence, funded sustainably without risking dividends, highlighting a prudent approach amid variable market conditions.

Latest articles

Dow Closes at Record in After-Hours as S&P 500, Nasdaq Dip on Tech Slide

Dow Closes at Record in After-Hours as S&P 500, Nasdaq Dip on Tech Slide

17 June 2026
Dow hits second straight record close at 51,999.67 while S&P 500 and Nasdaq drop as tech stocks slide; Philadelphia semiconductor index plunges 5.7% and after-hours trading sees only slight gains for major index-tracking funds, as investors brace for Wednesday’s Fed decision and monitor inflation risks amid falling oil prices and a possible U.S.-Iran deal.
GD Culture shares drop on heavy trading and ongoing buyout uncertainty

GD Culture shares drop on heavy trading and ongoing buyout uncertainty

17 June 2026
GD Culture Group plunged 73.3% to $0.028 after heavy trading, putting fresh pressure on its unresolved, non-binding $10.75-per-share buyout proposal; risks include deal uncertainty, a $300 million share-sale program, and bitcoin-driven balance sheet swings, with no new company updates released Tuesday.
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