SIMO News and Press, Silicon Motion Technology Corporation From 04/10/24

2024-04-10 08:00:07 ET Rajvindra Gill from Needham issued a price target of $85.00 for SIMO on 2024-04-10 07:16:00. The adjusted price target was set to $85.00. At the time of the announcement, SIMO was trading at $80.43. SIMO currently trades -15.47% versus its 52 week ...

TAIPEI, Taiwan and MILPITAS, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, announces that based on its pr...

2024-03-21 06:45:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the growth of artificial intelligence and machine learning, you may be tricked into thinking that all tech stocks are big winners in 2024. But you’d be wrong, particularly when ...

Silicon Motion Unveils 6nm UFS 4.0 Controller for AI Smartphones, Edge Computing and Automotive Applications PR Newswire Company also launches its second generation UFS3.1 controller supporting the latest high speed 3D TLC and QLC NAND TAIPEI and MILPITAS, Ca...

2024-03-06 13:34:33 ET Summary Silicon Motion Technology Corporation is a key player in non-volatile storage technology, but it is currently overvalued. The company offers SSD controllers, mobile storage solutions, and data center and enterprise solutions. The NAND flash memor...

2024-03-01 17:18:00 ET The artificial intelligence (AI) and accelerated computing bull market continues to build a head of steam. Investors can't get enough of leaders like Nvidia (NASDAQ: NVDA) that are crafting next-generation computing systems. But for some investors, the pri...

2024-02-15 13:20:59 ET More on Silicon Motion Technology Silicon Motion Technology Corporation (SIMO) Q4 2023 Earnings Call Transcript Silicon Motion Technology Corporation: Looking For A Fresh Start Silicon Motion: Initiating With Buy, More Favorable Risk-Reward ...

2024-02-07 11:14:09 ET Silicon Motion Technology Corporation (SIMO) Q4 2023 Earnings Conference Call February 07, 2024 08:00 A.M. ET Company Participants Jason Tsai - VP, IR & Finance Wallace C. Kou - President & Chief Executive Officer Conference Call ...

2024-02-07 00:34:08 ET For the full year 2024, management expects: ... Read the full article on Seeking Alpha For further details see: Silicon Motion Technology beats top-line and bottom-line estimates; initiates Q1 and FY24 outlook

Business Highlights Fourth quarter sales increased 17% Q/Q and increased 1% Y/Y SSD controller sales: 4Q increased 15% to 20% Q/Q and increased 0% to 5% Y/Y eMMC+UFS controller sales: 4Q increased 25% to 30% Q/Q and increased 20% to 25% Y/Y SSD solutions sales: 4Q decrease...