After Semtech Corporation (NASDAQ: SMTC) released a negative estimate of its earnings for the next quarter and current year, some investors have considered selling their shares, causing a rapid fall in the price of the stock. Although the value of the company has recovered part of this loss in recent sessions, analysts' recommendation continues to be on hold.
The executives attribute the negative expectations to a weak demand projected in China for the next few months. These difficulties seem to be caused by geopolitical problems affecting the smartphones and data centers markets in this