Semtech (SMTC) risk factors

57 risks, 7 new, 1 dropped, 17 reworded since the prior year. AI semiconductor demand is increasingly concentrated among hyperscalers, creating exposure to rapid technology shifts, competition, and production ramp constraints.

51 risks. China sales represent 43% of net sales, creating heavy exposure to trade policies and economic shifts in the region.,Authorized distributors account for 72% of net sales and can terminate contracts with little or no notice.,Supplier capacity constraints and the lack of long-term customer purchase commitments create severe revenue and inventory volatility.