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SYNAPTICS (SYNA)

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Earnings summaries and quarterly performance for SYNAPTICS.

Recent press releases and 8-K filings for SYNA.

Synaptics details AI at the edge strategy, Astra platform, Google partnership, and capital allocation
SYNA
Product Launch
New Projects/Investments
Share Buyback
  • Synaptics is evolving into an AI at the edge solutions company, focusing on sensing, processing, and connectivity, with its new Astra AI native embedded compute platform currently sampling and expected to go GA by the end of Q1 or beginning of Q2.
  • The company has a strategic partnership with Google, integrating Google's Coral RISC-V NPU into its Astra platform, which enhances compute capabilities at lower power consumption and leverages an open-source approach.
  • Synaptics' wireless connectivity business has grown north of 50% on average over the last six quarters, driven by Wi-Fi 7 adoption in IoT, with a clear roadmap to Wi-Fi 8.
  • In July 2025, Synaptics announced a $150 million share repurchase program, demonstrating its commitment to returning capital to shareholders while also prioritizing organic investments and tuck-in acquisitions.
6 days ago
Synaptics Highlights Edge AI, Connectivity Growth, and Share Repurchase Program
SYNA
Product Launch
New Projects/Investments
Share Buyback
  • Synaptics is transforming into an AI at the edge solutions company, leveraging its Astra platform, which includes the 2600 series processor sampling now and expected to go GA in late Q1/early Q2 (calendar year).
  • The Astra platform is differentiated by its low power consumption and a unique collaboration with Google to embed their Coral RISC-V NPU, with initial applications in industrial, consumer, and robotics.
  • The company's IoT connectivity business has been growing north of 50% on average over the last six quarters, driven by Wi-Fi 7 adoption, and secured a design win for horizontal foldable phones expected to ramp in the second half of calendar year 2026.
  • Synaptics prioritizes organic investment, tuck-in acquisitions, and returning capital to shareholders, having returned approximately $128 million in fiscal 2025 and announcing a $150 million share repurchase program in July.
6 days ago
Synaptics Discusses Edge AI, Connectivity Growth, and Capital Allocation
SYNA
Product Launch
New Projects/Investments
Share Buyback
  • Synaptics is focusing on AI at the edge with its Astra platform (2600 series processor), which is currently sampling with customers and is expected to go GA (General Availability) by the end of Q1 or beginning of Q2. This platform features a unique architecture, including a collaboration with Google to embed their Coral RISC-V NPU, and is designed for low power consumption.
  • The company's wireless connectivity business has seen substantial growth, averaging north of 50% over the last five to six quarters, driven by the adoption of Wi-Fi 7 solutions in the IoT market. Synaptics is also developing a wirelessly connected MCU with AI integrated on a single chip for applications like smart home and wearables.
  • Synaptics anticipates a PC refresh cycle and movement to AI PCs in 2026, and has secured a design win for horizontal foldable phones expected to ramp in the second half of calendar year 2026.
  • Capital allocation priorities include organic investment, tuck-in M&A, maintaining a strong balance sheet, and returning capital to shareholders, with approximately $128 million returned in fiscal 2025 and a $150 million share repurchase program announced in July.
6 days ago
Synaptics Discusses Edge AI Strategy, IoT Growth, and Capital Allocation
SYNA
New Projects/Investments
Revenue Acceleration/Inflection
Share Buyback
  • Synaptics is focusing on the edge AI and IoT market, differentiating from data center AI by addressing latency, privacy, and user experience needs.
  • The company's IoT business, currently at a $400 million annual run rate, has grown 50% year-over-year on a quarterly basis and is projected to grow 25%-30% over the next three to four years. This growth is driven by Wi-Fi 7 leadership and upcoming processor products with edge AI capabilities.
  • Synaptics has a strategic partnership with Google, integrating Google's Coral NPU into its Astra family of products, and acquired Broadcom's Wi-Fi IP and 130 engineers to enhance its wireless connectivity offerings, providing a 18-24 month competitive advantage.
  • In capital allocation, Synaptics prioritizes investing in high-growth segments like AI at the edge and core IoT, pursuing tuck-in M&A, and returning capital to shareholders, including $128 million in share repurchases in fiscal 2025 and a new $150 million authorization.
  • The auto business, currently about 10% of total revenue, is expected to become a smaller portion, while the mobile segment sees market share gains in foldables, offering greater than 2x revenue per device.
Dec 10, 2025, 5:50 PM
Synaptics Outlines Edge AI Strategy and IoT Growth Projections
SYNA
New Projects/Investments
Revenue Acceleration/Inflection
Share Buyback
  • Synaptics is strategically focusing on edge AI for IoT systems and personal interface solutions, anticipating the current $15-$20 billion IoT silicon market to evolve into agentic AI IoT, driven by needs for lower latency, privacy, and enhanced user experience.
  • The company projects a 25%-30% growth rate in its IoT business over the next three to four years, with current growth propelled by its Wi-Fi connectivity solutions and early traction in edge AI processors.
  • Strategic initiatives include a deep partnership with Google for software ecosystem development and NPU integration , and licensing industry-leading Wi-Fi 7 and 8 technology from Broadcom until 2030 to differentiate its connected processor offerings.
  • Synaptics prioritizes capital allocation towards investing in high-growth segments like AI at the edge and core IoT, pursuing tuck-in M&A, and returning capital to shareholders through share repurchases, including $128 million in fiscal 2025 and a new $150 million authorization.
  • While the auto segment is becoming a smaller revenue contributor (currently ~10%), the company is gaining market share in the foldable phone market, which offers more than double the revenue opportunity per device compared to standard smartphones.
Dec 10, 2025, 5:50 PM
Synaptics Discusses Edge AI, IoT Growth, and Strategic Partnerships
SYNA
New Projects/Investments
Revenue Acceleration/Inflection
Share Buyback
  • Synaptics anticipates its IoT business, including AI at the edge, to grow at a 25%-30% annual rate over the next three to four years, building on a current annual run rate of $400 million.
  • The company's growth is currently propelled by Wi-Fi 7 wireless connectivity and is expected to be further driven by its edge AI processor business in 2027, with products like the Astra family and semi-custom solutions reaching production scale.
  • Synaptics maintains a deep partnership with Google, integrating Google's Coral NPU into its Astra family of products and emphasizing an open-source, developer-friendly platform for edge AI.
  • Strategic investments include the acquisition of Broadcom's Wi-Fi IP and engineering talent, securing industry-leading wireless connectivity through Wi-Fi 8 generations beyond 2030.
  • Capital allocation priorities include continued investment in higher-growth segments like AI at the edge and core IoT, alongside returning capital to shareholders, evidenced by a $150 million share repurchase authorization in July.
Dec 10, 2025, 5:50 PM
Synaptics Discusses Core IoT, AI at the Edge Strategy, and Astra Platform Launch
SYNA
Product Launch
New Projects/Investments
Share Buyback
  • Synaptics is focusing its growth engine on core IoT and AI at the edge, reporting that its core IoT business has grown 50%+ on a year-over-year basis for the last six to seven quarters.
  • The company's new Astra far-edge AI processor began sampling in October and is expected to go GA in calendar year Q2 2026. This platform was developed in collaboration with Google, embedding their RISC-V NPU.
  • Synaptics has long-term financial targets of 57% gross margin and 30% operating margins at $1.6 billion in sales, with current non-GAAP gross margins in the 53%-54% range.
  • In its mobile touch products segment, the company's new Multi-frequency Touch Architecture enables entry into horizontal foldable phones, which could more than double content opportunity.
  • Capital allocation priorities include investing in the business, strategic tuck-in M&A, and returning capital to shareholders, highlighted by a $150 million share repurchase program announced in July.
Nov 19, 2025, 9:30 PM
Synaptics Outlines AI at the Edge Strategy and Long-Term Financial Targets
SYNA
Product Launch
New Projects/Investments
Guidance Update
  • Synaptics is focusing its growth engine on the Core IoT segment, particularly AI at the Edge, with this business growing over 50% year-over-year for the past six to seven quarters.
  • The company's new Astra platform, a Far-Edge AI processor developed in collaboration with Google, began sampling in October and is expected to go General Availability (GA) in Calendar Year Q2 2026.
  • Synaptics aims for long-term financial targets of 57% gross margin and 30% operating margins at $1.6 billion in sales, an increase from its recent non-GAAP gross margins of 53%-54%.
  • Key growth opportunities include a new Multi-frequency Touch Architecture for Horizontal Foldable phones and an anticipated PC refresh in Calendar Year 2026. The company also prioritizes returning capital to shareholders, including a $150 million share repurchase program announced in July.
Nov 19, 2025, 9:30 PM
Synaptics Highlights IoT and Edge AI Growth, Astra Processor Launch, and Long-Term Financial Targets
SYNA
Product Launch
New Projects/Investments
Share Buyback
  • Synaptics is focusing its growth engine on the core IoT segment, specifically AI at the edge, which has grown over 50% year-over-year for the last six to seven quarters.
  • The company began sampling its new Astra far-edge AI processor in October and anticipates it will go GA in calendar year Q2 2026. This platform, developed in collaboration with Google, features an AI engine called Torque.
  • Synaptics targets a long-term financial model of 57% gross margin and approximately 30% operating margins at $1.6 billion in sales.
  • The company announced a $150 million share repurchase program in July 2025, having used $128 million for share repurchases in the prior year.
Nov 19, 2025, 9:30 PM
Synaptics and Qualcomm Partner to Advance Touch and Fingerprint Technology
SYNA
New Projects/Investments
  • Synaptics Incorporated and Qualcomm Technologies, Inc. have formed a strategic engagement to advance Touch and Fingerprint Sensor Technology across the mobile and compute industries.
  • The collaboration aims to integrate Synaptics Touch and Qualcomm 3D Sonic Fingerprint technologies for OLED displays and combine Synaptics’ AI-ready sensing with Qualcomm’s biometric security for AI PCs.
  • This partnership is designed to simplify integration for OEMs, accelerate time to market, and enhance security and user experience in rapidly evolving mobile and PC ecosystems.
  • The companies are targeting a market where flexible OLED display shipments are projected to grow from approximately 600 million units in 2025 to over 800 million units by 2030.
Nov 12, 2025, 1:45 PM