🟢 Semtech is trading 11% up today after recovering from the semiconductor-sector selloff

Semtech is trading at $167.41, up +10.93% after recovering from the semiconductor-sector selloff on September 14, 2026.

• The Nasdaq Composite rose 0.83% as broader technology sentiment improved.
• StoneX reiterated a Buy rating and $230 price target on September 14, citing margins.
• Recent SurgeSwitch product news added positive backdrop; no major September 16 company announcement was identified.