Lattice Semiconductor is trading 4.75% down at $119.25 after investors reacted to its plan to exit AMI’s lower-margin hardware business by the end of 2026.

  • The transition is expected to improve long-term software and intellectual-property margins but introduces near-term uncertainty.
  • Management previously described the hardware activity as noncore and temporary; AMI’s ongoing business is expected to generate stronger margins.
  • SOXX is down 2.50% as elevated Treasury yields and geopolitical inflation concerns pressure growth stocks. Shares also fell 6.38% on August 18, 2026.