Lattice Semiconductor is trading 4.4% down at $119.06 as part of a sharp pullback in chip stocks following concerns over aggressive AI infrastructure spending and TSMC’s higher long-term capex plans.

  • The decline is driven by a broader semiconductor sector rout and a repricing of AI valuations rather than any new company-specific negative news.
  • Despite the current volatility, the stock remains supported by strong recent Q1 results and bullish analyst price targets.