Top 9 AI News and Stock Ratings Today

2. Semtech Corp. (NASDAQ:SMTC)

Number of Hedge Fund Holders: 57

Semtech Corp. (NASDAQ:SMTC) offers high-performance semiconductor solutions, IoT systems, and cloud connectivity services designed to deliver top-quality technology to help organizations create smarter and more connected products sustainably.

On April 1, Semtech Corp. (NASDAQ:SMTC) announced it expanded its optical communications portfolio with DirectEdge 100G per channel single- and multi-mode linear pluggable optics solutions to address power efficiency challenges that emerge in AI infrastructure scaling.

“For hyperscalers running AI workloads, power has become a critical business constraint. Our DirectEdge portfolio benefits hyperscalers by bringing our industry-leading PMDs to successfully deploy LPO while also addressing the power imperative by eliminating power-hungry DSPs. Every milliwatt saved in optical interconnects can be redirected to computational resources, and we believe our LPO solutions are over 50% more power-efficient than comparable DSP-based solutions. For a hyperscale data center with hundreds of thousands of optical modules, this translates to significant energy savings that can be applied to more GPU clusters for AI training and inference.”

-said Weiliang Deng, director of signal integrity product marketing at Semtech Corp.