The pullback in shares of the mid-cap semiconductor stock Semtech (NASDAQ: SMTC) has been extremely stark in 2025. Shares are down 40% as of the Feb. 14 close. Despite this, shares have still notched an impressive return of nearly 85% over the past 52 weeks. So, what’s driving this big decline? Is it an opportunity or a sign of structural problems for this growing firm? I’ll dive into recent news surrounding the firm to find out.
