ETF Movers on Tuesday: IAK, USD
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 04 2025
0mins
Should l Buy LSCC?
Source: NASDAQ.COM
- ProShares ETF Performance: The ProShares ETF is underperforming, down approximately 4.5% in Tuesday afternoon trading.
- Weakest Components: Key contributors to this decline include Lattice Semiconductor, which fell by about 7.9%, and Credo Technology Group Holding, down by about 5.3%.
- Market Context: The article provides insights into the performance of specific ETFs and their components on a particular trading day.
- Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
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Analyst Views on LSCC
Wall Street analysts forecast LSCC stock price to fall
10 Analyst Rating
9 Buy
0 Hold
1 Sell
Strong Buy
Current: 125.190
Low
74.00
Averages
80.11
High
85.00
Current: 125.190
Low
74.00
Averages
80.11
High
85.00
About LSCC
Lattice Semiconductor Corporation develop technologies that monetize through differentiated programmable logic semiconductor products, silicon-enabling products, system solutions, design services, and technology licenses. The Company is focused on solving customer problems across the network, from the edge to the cloud, in the communications, computing, industrial, automotive, and consumer markets. It also serves its customers with intellectual property (IP) licensing and various other services. Its product development activities include new proprietary products, advanced packaging, existing product enhancements, software development tools, soft IP, and system solutions for applications such as edge artificial intelligence (AI), wireless and wireline infrastructure, platform security, and factory automation. Its field programmable gate array (FPGA) devices enable it to provide its customers with a strong, growing base of control, connect, and compute technologies.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Acquisition Agreement: Lattice Semiconductor has entered into a definitive agreement to acquire AMI from THL Partners for $1.65 billion, aiming to strengthen its position in cloud infrastructure, AI, and server management, with AMI projected to generate over $200 million in revenue this year.
- Transaction Structure: The deal will be executed on a cash-free and debt-free basis, with Lattice paying $1 billion in cash and approximately $650 million in common shares, with the final number of shares to be issued depending on Lattice's stock price prior to closing, ranging from 5.2 million to 6.1 million shares.
- Strategic Integration Plan: Lattice intends to integrate AMI's firmware and orchestration capabilities with its low-power FPGA portfolio, aiming to provide secure management and control solutions for cloud data centers, AI platforms, and modular server infrastructures, addressing challenges such as modularity, deployment, and predictive maintenance in complex data center environments.
- Financial Expectations and Growth Targets: Lattice expects the acquisition to be accretive to gross margin, free cash flow, and non-GAAP earnings per share, aligning with its target of achieving a $1 billion-plus annual revenue run rate by the fourth quarter of 2026, reflecting strong confidence in future growth.
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- Significant Revenue Growth: Lattice Semiconductor reported Q1 revenue of $170.9 million, reflecting a 42% year-over-year increase and a 17% quarter-over-quarter rise, driven by strong momentum in data center AI applications, particularly as the Compute and Communications segment accounted for 62% of total revenue, solidifying its market position.
- Strategic AMI Acquisition: Lattice has signed a definitive agreement to acquire AMI for $1.65 billion, which is expected to create the industry's most comprehensive secure management and control platform by integrating BIOS, BMC, and platform security, thereby enhancing the company's competitiveness in firmware and security.
- Channel Inventory Improvement: The company reported a reduction in channel inventory from three months last quarter to nearly two months, with expectations to drop below two months in Q2, which will help improve operational efficiency and customer responsiveness.
- Optimistic Future Outlook: Lattice's Q2 non-GAAP EPS guidance is set at $0.42 to $0.46, exceeding analyst estimates of $0.38, with revenue guidance of $175 million to $195 million, reflecting strong confidence in future growth, especially post-AMI acquisition, which is anticipated to enhance profitability further.
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- Acquisition Size: Lattice Semiconductor announced its acquisition of AI cloud and platform management firm AMI for $1.65 billion, which is expected to significantly enhance Lattice's market position in the AI sector and drive future revenue growth.
- Strategic Integration: By acquiring AMI, Lattice aims to integrate its technology with its existing product lines, thereby increasing its competitiveness in cloud computing and AI applications to meet the growing market demand.
- Market Outlook: This acquisition not only opens new revenue streams for Lattice but also positions the company favorably in the rapidly evolving AI market, likely attracting more customers and partners.
- Investor Confidence: Lattice's acquisition strategy reflects its confidence in the future of AI technology, which is expected to bolster investor confidence in the company's long-term growth potential and drive stock price appreciation.
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- Acquisition Overview: Lattice Semiconductor has agreed to acquire AMI for $1.65 billion in cash and stock, with AMI, majority-owned by THL Partners, specializing in firmware platforms and infrastructure management for cloud and AI, expected to enhance Lattice's competitiveness in server, AI, and cloud markets.
- Financial Impact Analysis: AMI is projected to generate over $200 million in revenue by 2026, and the deal is expected to be accretive to Lattice's margins, cash flow, and EPS, demonstrating the financial viability and strategic value of the acquisition.
- Transaction Structure Details: The deal includes $1 billion in cash and approximately $650 million in Lattice shares, expected to close in Q3 2026, further supporting Lattice's goal of exceeding a $1 billion annual revenue run rate.
- Market Outlook: By integrating FPGAs with firmware solutions, Lattice is set to strengthen its position in the rapidly growing cloud and AI sectors, indicating significant potential for future revenue growth.
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- Significant Profit Growth: Lattice Semiconductor reported a first-quarter profit of $21.81 million, translating to $0.16 per share, which is a substantial increase from last year's $5.02 million and $0.04 per share, indicating a marked improvement in the company's profitability and competitive position.
- Adjusted Earnings Performance: Excluding items, the company reported adjusted earnings of $56.97 million or $0.41 per share, reflecting positive progress in cost control and operational efficiency, thereby reinforcing its financial health.
- Strong Revenue Growth: The company's revenue surged by 42.2% year-over-year to $170.89 million, up from $120.15 million last year, demonstrating robust market demand and strong product sales performance.
- Optimistic Future Outlook: Lattice provided guidance for the next quarter with EPS expected between $0.42 and $0.46 and revenue projected between $175 million and $195 million, suggesting that the company is poised for continued growth in a favorable market environment.
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- Acquisition Agreement: Lattice Semiconductor has agreed to acquire AMI, a cloud and AI server management software company, which will enhance Lattice's competitiveness in the rapidly growing AI and cloud computing markets.
- Strategic Integration: This acquisition will allow Lattice to integrate AMI's advanced technologies, improving its product portfolio and further expanding its market share in the smart hardware and data center sectors.
- Positive Market Outlook: With the rapid growth of cloud computing and AI applications, Lattice's acquisition is expected to significantly enhance its technological capabilities in these critical areas, driving future revenue growth.
- Increased Investor Confidence: The acquisition is anticipated to bolster investor confidence in Lattice, potentially having a positive impact on its stock price, reflecting the company's strong commitment to technological innovation and market expansion.
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