Risk factors
Semtech (SMTC) risk factors
Item 1A of every Semtech Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2026 10-K risk factors57 risks7 new1 dropped17 reworded
AI semiconductor demand is increasingly concentrated among hyperscalers, creating exposure to rapid technology shifts, competition, and production ramp constraints.
Filed Mar 23, 2026 - FY2025 10-K risk factors51 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.
Filed Mar 25, 2025