LOS ANGELES--(BUSINESS WIRE)-- The Law Offices of Frank R. Cruz announces an investigation of Semtech Corporation (“Semtech” or the “Company”) (NASDAQ: SMTC) on behalf of investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON SEMTECH CORPORATION (SMTC), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.

What Is The Investigation About?

On February 7, 2025, after market hours, Semtech disclosed that for fiscal year 2026, net sales from its CopperEdge products are expected to be lower than previously disclosed “due to rack architecture changes, with no expected ramp-up over the course of fiscal year 2026,” based on “recent feedback from a server rack customer and correlated to discussions with end users of the server rack platform.”

On this news, Semtech’s stock price fell $16.91, or 31%, to close at $37.60 per share on February 10, 2025, thereby injuring investors.

Contact Us To Participate or Learn More:

If you purchased Semtech securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

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