News

Record $451M revenue marks third consecutive quarter as automotive and enterprise expand.

Silicon Motion delivered exceptional results and implied the memory chip boom is on a multiyear run.

SIMO shifts toward AI infrastructure and enterprise storage as new products, strong demand and raised outlook drive growth.

Silicon Motion Technology (NASDAQ:SIMO) reported record second-quarter revenue of $451 million, up 32% sequentially and 127% from a year earlier, as growth in automotive storage, enterprise boot drives, embedded controllers and new enterprise SSD products exceeded the company’s expectations. Presid

Silicon Motion delivered an upbeat second-quarter earnings report, which drove SIMO stock higher on Thursday. It was a positive day overall for chip stocks.

SIMO is set to report Q2 earnings with rising estimates, a modest surprise track record and growing enterprise and embedded storage momentum.

Apple stock is holding up the best out of the Magnificent Seven stocks as the company has proceeded cautiously with its AI investments.

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There's a certain kind of stock that makes even seasoned investors do a double-take. It's already up big, so big that the instinct is to assume the easy money is gone. Then someone like Jim Cramer steps in and reframes the whole conversation. On CNBC's Mad Money Lightning Round, Cramer didn't shy ...

Joining me today is Wallace Kou, our President and CEO; and Jason Tsai, our CFO. Wallace will first provide a review of our key business developments, and then Jason will discuss our first quarter results and outlook. To enhance investors' understanding of our ongoing economic performance, we will discuss non-GAAP information during this call.

Silicon Motion Technology (NASDAQ:SIMO) reported what management called a better-than-expected start to fiscal 2026, with record first-quarter revenue and profitability metrics that exceeded guidance amid a tight NAND and DRAM supply environment. On the company’s Q1 2026 earnings call, President and

Silicon Motion Technology trounced estimates with its first-quarter results and second-quarter outlook. SIMO stock surged on Wednesday.

SIMO tops Q1 estimates as controller demand surges, with AI and enterprise growth fueling record revenue and a strong outlook for Q2.