Synaptics Stock Just Slid 4% — The AI Week Ahead Could Matter More
Synaptics shares fell 4.2% Friday to $137.28, underperforming as the Nasdaq hit a record high. The company recently reported fiscal Q3 revenue of $294.2 million, up 10% year-over-year, and forecast Q4 revenue of $305 million. Synaptics is set to showcase edge-AI products at COMPUTEX Taipei next week. Google announced the first Synaptics-made Coralboard for edge AI at Google I/O.