TAIPEI, Taiwan--(BUSINESS WIRE)-- #DataCenterStorage--Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion”), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today announced it will showcase its latest storage innovations for AI Factory, Edge AI, and Physical AI applications at Future of Memory and Storage (FMS) 2026, taking ...
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Silicon Motion delivered an upbeat second-quarter earnings report, which drove SIMO stock higher on Thursday. It was a positive day overall for chip stocks.
TAIPEI, Taiwan--(BUSINESS WIRE)-- #AIStorage--Silicon Motion Technology Corporation (NasdaqGS: SIMO), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today announced that MediaTek will join Silicon Motion on stage during its FMS 2026 keynote to showcase their collaboration in advancing AI-ready automotive platforms. The joint presentation will ...
Business Highlights Second quarter of 2026 sales increased 32% Q/Q and increased 127% Y/Y SSD controller sales: 2Q of 2026 increased 5% to 10% Q/Q and increased 50% to 55% Y/Y eMMC+UFS controller sales: 2Q of 2026 increased 15% to 20% Q/Q and increased 95% to 100% Y/Y Ferri & Boot Drive solutions sales: 2Q of 2026 increased 110% to 115% Q/Q and increased 1,690% to 1,695% Y/Y Financial Highlig...
TAIPEI, Taiwan and MILPITAS, Calif., July 24, 2026 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, confirms today its quarterly cash dividend.
Silicon Motion Technology (NASDAQ:SIMO) had its price target raised to $400 from $230 by Wedbush, which reiterated an ‘Outperform' rating, citing stronger forward estimates and a higher valuation multiple reflecting improving growth visibility. Shares of Silicon Motion added almost 5% at $337 on the news.
TAIPEI, Taiwan--(BUSINESS WIRE)-- #EdgeAI--Silicon Motion Technology Corporation (NasdaqGS: SIMO), a global leader in NAND flash controllers for solid-state storage devices, today announced the SM2524XT, a next-generation PCIe Gen5 DRAMless SSD controller purpose-built for AI inference and KV Cache-intensive workloads. The SM2524XT leverages a new four-processor-core architecture with PCIe Gen5...