Lattice Semiconductor's AMI Acquisition Should Solidify Platform Level Capabilities, RBC Says

MT Newswires Live05-05

Lattice Semiconductor's (LSCC) acquisition of firmware supplier AMI should solidify the company's platform level capabilities and expand its server-artificial intelligence exposure, RBC Capital Markets said in a research note emailed Tuesday.

The acquisition will enable Lattice Semiconductor to provide system-level solutions in secure management at the hardware-level and flexible control for power and cooling, while further increasing the company's exposure to server, artificial intelligence, and data center markets, RBC said.

Noting the company's better-than-expected Q1 earnings, RBC said it now estimates fiscal 2026 earnings per share of $1.79 from $1.50 previously, and fiscal 2027 EPS of $2.31 from $1.96 previously, excluding AMI, based on core business strength.

The firm raised its price target on Lattice Semiconductor to $140 from $118 and maintained its outperform rating.

Price: 119.46, Change: -6.11, Percent Change: -4.87

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