Semtech Corporation (SMTC) Slides on New Linear Driver

Semtech Corporation (NASDAQ: SMTC) shares retreated 0.3% to $34.45, after the company announced a new 53GBaud PAM4 linear driver and transimpedance amplifier for 100G and 400G optical networking modules at OFC 2017. Share volume totaled 100,000, compared to an all-day average of 485,000