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The Latest Breaking News from Silicon Motion Technology

3 Overlooked Semiconductor Stocks With 17% to 51% Upside Potential

The semiconductor industry is booming in 2024, and three lesser-known stocks - Silicon Motion Technology, SMART Global Holdings, and Tower Semiconductor - are strategically positioned to ride the growth wave, offering upside potential between 17% and 51%.

Benzinga's Top Ratings Upgrades, Downgrades For October 5, 2022

Benzinga's Top Ratings Upgrades, Downgrades For October 5, 2022

Benzinga's Top Ratings Upgrades, Downgrades For May 6, 2022

Benzinga's Top Ratings Upgrades, Downgrades For May 6, 2022

Upgrades For Coupang Inc (NYSE:CPNG), JP Morgan upgraded the previous rating of Neutral to Overweight. The stock has a 52-week-high of $46.00 and a 52-week-low of $11.91. At the end of the last trading period, Coupang closed at $11.99.

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12 Information Technology Stocks Moving In Monday's Intraday Session

12 Information Technology Stocks Moving In Tuesday's Intraday Session

B. Riley Securities Maintains Buy Rating for Silicon Motion Technology, Lowers Price Target To $106

B. Riley Securities has decided to maintain its Buy rating of Silicon Motion Technology (NASDAQ:SIMO) and lower its price target from $135.00 to $106.00. Shares of Silicon Motion Technology are trading down 1.6% over the last 24 hours, at $70.84 per share.

Take Advantage of the Dip and Scoop Up Shares of Silicon Motion Technology

Hong Kong-based Silicon Motion’s (SIMO) shares have tumbled 23.3% in price this year amid the broader market retreat. However, the company is expected to benefit from explosive growth in the semiconductor industry and the heightened global demand for chips. Furthermore, Wall Street analysts are bullish on the stock. Thus, we…

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Recap: Silicon Motion Technology Q4 Earnings

Recap: Silicon Motion Technology Q4 Earnings

Silicon Motion Technology (NASDAQ:SIMO) reported its Q4 earnings results on Wednesday, January 26, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

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Canaccord Genuity

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