Lattice Semiconductor reported record fiscal second quarter 2026 revenue of $201.1 million, a 62% year-over-year increase, with GAAP net income of $0.14 per diluted share and non-GAAP EPS of $0.53. The company closed its $1.65 billion acquisition of AMI on July 27, 2026, comprising approximately $1 billion in cash and $650 million in stock, creating a comprehensive secure management platform for data center AI. Lattice provided third quarter 2026 guidance projecting revenue between $245 million and $265 million, including an approximate two-month contribution from AMI, with non-GAAP EPS expected between $0.54 and $0.58 per share. The company operates in the semiconductor industry, specializing in low-power programmable logic devices such as FPGAs.

Lattice Semiconductor Corporation completed the acquisition of AMI for approximately $1 billion in cash and 5.2 million shares of Lattice common stock and restricted stock units. To fund the acquisition, the company borrowed $925.0 million under a delayed draw term loan facility. Lattice also issued 4,741,352 shares of common stock as part of the transaction. Lattice Semiconductor Corporation is a semiconductor company that provides low power programmable FPGA solutions.

On June 30, 2026, Lattice Semiconductor Corporation entered into a Second Amended and Restated Credit Agreement with Wells Fargo Bank and other lenders. The agreement provides a $200.0 million senior secured revolving loan facility for working capital and a $950.0 million senior secured delayed draw term loan facility specifically to fund the acquisition of AMI. The delayed draw commitment terminates by November 9, 2026, or upon the AMI acquisition's completion. Borrowings will bear interest based on either the base rate plus a margin of 0.00% to 0.75%, or term SOFR plus a margin of 1.00% to 1.75%, depending on the company's consolidated total leverage ratio. All obligations are secured by substantially all assets of the company and certain subsidiaries. Lattice Semiconductor is a semiconductor company that designs and sells low-power FPGA solutions.