Lattice Semiconductor shares surge 16.29% intraday on strong Q4 results and AI-driven revenue growth.

Lattice Semiconductor surged 16.29% intraday after reporting robust fourth-quarter results and stronger-than-expected first-quarter guidance. The company exceeded revenue forecasts by 1.7% ($145.8 million) and delivered 116% year-over-year non-GAAP EPS growth to $0.32, while Q1 revenue guidance of $158–$172 million (37% YoY growth) surpassed Wall Street’s $160 million estimate. The rally was fueled by a shift in demand dynamics, with data center revenue now accounting for 64% of total sales (up from 49% in the prior year), driven by AI server infrastructure adoption of FPGAs. Analyst upgrades, including Stifel raising its price target to $110 from $80, further reinforced optimism about Lattice’s positioning in AI-driven growth cycles. The stock’s intraday spike aligned with broader investor enthusiasm for AI-related semiconductors and the company’s accelerating revenue trajectory.