Semtech Shares Rise 11.6% to $126.67 in Nov. 11 Intraday Trading

Semtech shares were quoted at $126.67 at 10:51:56 a.m. ET (15:51:56 UTC) on Nov. 11, up $13.18, or 11.613%, from the prior close of $113.49. The figure reflects an intraday reading, not a closing return.

Semtech supplies semiconductors for AI data-center networking and connected Internet of Things devices.

In a separate market snapshot at 10:45 a.m. ET (15:45 UTC), the Nasdaq Composite was up 1.6% and the S&P 500 had gained 1%, while the Dow was down 0.1%. Several AI-related stocks had advanced at that time, while stocks outside AI were weaker.