Lattice Semicon

Lattice Semiconductor (LSCC) fell sharply during regular trading, reaching $138.25 as of ET 10:42 for a roughly 5.5% decline from the prior close, reversing earlier pre-market gains. The stock rallied in pre-market to an intraday high of $147.522, buoyed by a $1.15 billion credit agreement led by Wells Fargo (news id:291328380) and a 2026 AI Breakthrough Award win (news id:290999981), but opened lower at $145.79 and sold off steadily to the session low of $138.25, forming a classic 'gapped-down open and intraday rout' pattern. Fundamentals show strength: Q1 2026 revenue rose 42.24% YoY to $170.9M, net profit surged 334.43% to $21.8M, and EPS grew 337.2% to $0.16. At $138.26, the stock has fallen below its 20-day MA ($144.24) but remains well above the 60-day MA ($131.69). It is still up 75.79% YTD. However, it sits 11.94% below the 52-week high of $157.01, and with a trailing PE of 952.9x and PB of 25.59x, valuation remains elevated.