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Semtech stock falls 4.20% as company starts 50G fronthaul shipments

Verifying
  • Semtech began volume shipments of its 50G fronthaul mobile transport portfolio.
  • 4.20%: SMTC shares fell to $177.23 after trading below $185 intraday.
  • Semtech designed the portfolio for 5G-Advanced networks and the transition toward 6G.
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