Semiconductor stocks Impinj, Synaptics, Lumentum, and FormFactor set to report strong earnings growth

From Zacks Investment Research: 2025-01-31 06:56:18

Zacks.com highlighted four semiconductor stocks, Impinj, Synaptics, Lumentum Holdings, and FormFactor, set to report earnings soon. The global semiconductor industry saw significant growth, with sales reaching $57.8 billion in November 2024, up 20.7% year-over-year. The market is projected to reach $2,062.6 billion by 2032. Advancements in generative AI are driving demand for semiconductor chips. Impinj’s RFID technology and Synaptics’ human interface solutions position them for growth. Lumentum Holdings benefits from optical networking demand, while FormFactor’s probe cards target advanced technologies. All companies are expected to see strong year-over-year earnings growth.



Read more at Zacks Investment Research: The Zacks Analyst Blog Highlights Impinj, Synaptics, Lumentum and FormFactor – January 31, 2025