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Why Lattice Semiconductor Stock Jumped Wednesday

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Why Lattice Semiconductor Stock Jumped WednesdayPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Art Wolfe: https://img.theapi.app/temp/12e2798a-1095-4653-8f49-2a7aee633b4e.png

Shares of Lattice Semiconductor (NASDAQ: LSCC) soared on Wednesday, rising as much as 20.3%. As of 11:50 a.m. EDT, the stock was up 19.3%.

The semiconductor stock's gain follows the company's second-quarter earnings release, which highlighted non-GAAP (adjusted) earnings per share that soared past analysts' consensus estimate for the metric.

Image source: Getty Images.

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