NASDAQ:SIMO

Silicon Motion Technology Stock News

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$336.90
+15.24 (+4.74%)
At Close: Jun 22, 2026
Silicon Motion Technology (NASDAQ:SIMO) shares are trading higher after the company reported better-than-expected Q2 EPS and sales results. The company also reported guidance figures.
Silicon Motion (SIMO) Q2 results benefit from higher sales of SSD controllers as well as eMMC and UFS controllers.
The stock price of Silicon Motion Technology Corp. (NASDAQ: SIMO) increased by over 5% pre-market. This is why it happened.
Financial Highlights
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SIMO vs. LSCC: Which Stock Is the Better Value Option?
Silicon Motion Technology (SIMO) now expects second-quarter 2021 revenues to improve 25% quarter over quarter compared with the earlier guidance of 5-10% sequential growth.

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02:17pm, Thursday, 08'th Jul 2021
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TAIPEI, Taiwan and MILPITAS, Calif., July 08, 2021 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash
Investors target stocks that have been on a bullish run lately. Stocks like AMN, AXL, GNRC, SIMO and TGT that are seeing price strength have a high chance of carrying the momentum forward.
Bull Of the Day: Silicon Motion Technology Corp (SIMO)
Silicon Motion Technology Corp (SIMO) CEO Wallace Kou on Q1 2021 Results - Earnings Call Transcript
Silicon Motion (SIMO) Q1 results benefited from higher sales of SSD controllers as well as eMMC and UFS controllers.
Business Highlights
Silicon Motion Technology (SIMO) now expects first-quarter 2021 revenues to improve 25% quarter over quarter compared with the earlier guidance of 7-12% sequential growth.
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