On July 27, Lattice Semiconductor fell 5.42% in regular trading, trading at $121.56 per share, with turnover of approximately $26.06 million. The decline came as the company officially completed its acquisition of AMI and the broader semiconductor sector experienced significant selling pressure.

Lattice Semiconductor announced the formal completion of its $1.65 billion acquisition of AMI, a cloud and AI-server management software company purchased from THL Partners. The transaction comprises $1 billion in cash and approximately $650 million in Lattice common stock, involving the issuance of 5.2 million to 6.1 million new shares. The deal was financed in part through a $200 million revolving credit facility and a $950 million delayed-draw term loan signed in early July. The acquisition is expected to drive Lattice toward an annualized revenue run rate exceeding $1 billion by Q4 and is projected to be immediately accretive to non-GAAP gross margin, free cash flow, and EPS.

The broader semiconductor sector saw widespread weakness, with SK hynix down 7.82%, AMD down 6.81%, Micron down 5.96%, Intel down 4.28%, and NVIDIA down 3.86%, amplifying downside pressure on Lattice shares despite the strategic rationale of the deal.

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