Semtech shares fall after Huawei warnings

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By Staff Report / Wednesday, May 29th, 2019 / Comments Off on Semtech shares fall after Huawei warnings

Updated at 3:15 p.m. May 30: Net income at semiconductor and IoT technology company Semtech rose 7 percent in the first quarter to $13.3 million, despite sales that stayed nearly flat to the same period the prior year. But the company warned of impacts to sales and earnings from an ongoing tiff between the U.S.…

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