News

Allegro sees AI data center demand surge, with expanding design wins, backlog growth and content opportunities in electrification and automation.

Allegro Microsystems Inc (ALGM) reports Q1 FY2027 sales of $259 million, exceeding guidance, with data center revenue surging to a record 17% of total sales.

Allegro MicroSystems (NASDAQ:ALGM) reported first-quarter fiscal 2027 sales of $259 million, exceeding the high end of its guidance range and rising 7% sequentially and 27% from a year earlier. Non-GAAP earnings per share reached $0.23, up 35% sequentially and 156% year over year, as the company cit

Investing.com -- Barclays turned more selective on U.S. semiconductor stocks ahead of the second-quarter earnings season, upgrading Lumentum Holdings while downgrading Allegro MicroSystems and Penguin Solutions, saying strong artificial intelligence-related gains have left limited room for further upside across much of the sector.

The AI boom isn't just fueling the memory trade. The not-so-flashy analogy chip space is also seeing a boost.

Moby summary of Allegro MicroSystems, Inc.'s Q4 2026 earnings call

Allegro MicroSystems (NASDAQ:ALGM) reported fiscal fourth-quarter and full-year 2026 results that management said reflected continued momentum across both automotive and industrial end markets, highlighted by record data center contributions and expanding content opportunities in next-generation pow

Allegro MicroSystems (ALGM) heads into its next earnings report with a stronger setup than it had just a few weeks ago, according to Morgan Stanley, as recent results from analog and microcontroller peers point to improving demand across several of the company’s key markets. In a report given to ...