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Semtech shares jump after TDS2621LP SurgeSwitch launch

Semtech (SMTC) shares rose 9.8% in the morning session after the company introduced the TDS2621LP SurgeSwitch protection device for 24-volt DC power buses used in industrial robotics and automated manufacturing.

SMTC

8% in morning trading after the company introduced its TDS2621LP SurgeSwitch protection device for 24-volt DC power buses used in industrial robotics and automated manufacturing. The device was described in a company press release.