CopperEdge and Tri-Edge: Semtech (SMTC) benefits from the AI-driven data center boom. UBS initiated a buy recommendation on Friday.

Semtech (SMTC) is a stock that has already surged to a new high ahead of the overall market and has recently acted as an industry leader. It is a provider of high-performance semiconductors and advanced algorithms used in various end markets such as infrastructure, high-end consumer goods, and industrial equipment. Semtech has recently experienced strong demand from cloud service providers (CSPs). Semtech offers two innovative product lines for modern data centers and 5G networks: CopperEdge and Tri-Edge. CopperEdge is a product line for high-speed...