Lattice Semiconductor is trading 4.2% down now at $126.84 as investors take profits following a strong AI- and earnings-driven rally and recent analyst target hikes.
- The stock is pulling back alongside a 3.8% drop in chip indices after TSMC’s higher capex forecast raised concerns about rising AI infrastructure costs.
- The broader semiconductor sector is facing pressure as investors re-evaluate valuations in light of increased capital expenditure requirements for AI development.