SMTC's 1.6T product ramp fuels AI data-center growth, with record revenues, rising optical connectivity share and strong customer demand supporting its outlook.

Tower Semiconductor (TSEM) and Semtech Corporation (SMTC) have expanded their partnership with a new multi-year agreement focusing on silicon germanium capacity for AI Data Center components. The collaboration aims to address the growing energy demands of AI clusters and enhance Semtech's signal integrity portfolio. The partnership has already resulted in an award-winning product at the European Conference on Optical Communication.

SMTC's AI data center demand and LoRa growth are fueling its 154% rally, with 1.6T products and expanding applications driving momentum.

Skyworks Solutions (NASDAQ: SWKS - Get Free Report) and Semtech (NASDAQ: SMTC - Get Free Report) are both large-cap technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, earnings, valuation, risk, profitability, institutional ownership and analyst recommendations. Profitability This table compares Skyworks Solutions and Semtech's

Chipmaker Semtech stock is actionable as shares trade inside a buy zone, following a 149% gain in 2026.