🟢 Semtech is trading 11% up today amid a semiconductor rebound after last week’s sell-off

Semtech is trading at $114.20, up 10.59%, alongside a broad semiconductor rebound after last week’s sell-off.

• SOXX was up 5.26% during the regular session.
• Semtech launched its SGP.32 multi-profile eSIM solution on November 9; available reporting does not establish it as the cause of the move.
• The November 9 conference-call announcement concerns the November 23 earnings release, not results reported today.