NasdaqGS:ALGMSemiconductor
How New Auto and Data Center Mix At Allegro MicroSystems (ALGM) Has Changed Its Investment Story
In early May 2026, Allegro MicroSystems reported past fourth-quarter and full-year results showing higher sales but continued net losses, while issuing first-quarter 2027 guidance for US$245 million to US$255 million in net sales, implying 23% year-over-year growth at the midpoint.
The combination of strong automotive and rapidly expanding data center sales, alongside efforts to offset input cost pressures with copper wiring and surcharges, signals an evolving business mix focused on...