Technologies that enable efficient long-distance communication at low power consumption are becoming an integral part of the development of the Internet of Things (IoT). This area is developing dynamically, especially thanks to solutions that are finding applications in smart cities, agriculture and environmental monitoring.

The company analyzed today saw significant growth in its third fiscal quarter in the data center business, where revenues were up a record 58% from the previous period. The company's overall revenue increased 10%, with technologies focused on artificial intelligence and high-speed data transmissions playing a key role. However, this is just the beginning, the company is achieving impressive numbers and it looks like it won't stop surprising us anytime soon.

Introducing the company

Semtech Corporation $SMTC is an American technology company that focuses on the development and manufacture of semiconductor components and integrated circuits for a wide range of…