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Synaptics (SYNA) investor relations material
Synaptics Wells Fargo's 9th Annual TMT Summit summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Business overview and strategic focus
Focused on Core IoT and AI at the Edge, leveraging a 40-year history and evolving from PC and mobile to IoT growth engines.
Three main technology areas: interface products, connectivity (Wi-Fi/Bluetooth), and processors, with a strong roadmap for Wi-Fi 7 and 8.
Significant investments in Edge AI, with the Astra platform as a key growth vector, sampling in October and GA expected in Q2 2026.
Core IoT business has grown over 50% year-over-year for the past six to seven quarters.
Product and technology differentiation
Connectivity business driven by high-performance Wi-Fi 6/7, with a clear roadmap to Wi-Fi 8 and a strong engineering team.
Wi-Fi 7 adoption in IoT devices is starting now, with proliferation expected through 2026 and transition to Wi-Fi 8 by 2027-2028.
Processor portfolio enhanced by the Astra platform, featuring an AI-first architecture and a partnership with Google embedding RISC-V NPU.
Open-source approach and hybrid compute enable flexibility and ecosystem growth.
Market momentum and customer engagement
Growth in Core IoT driven by lean inventory, product wins in drones, security cameras, and video applications.
Astra platform targets applications in drones, industrial fleet management, smart home, and wearables.
Initial customer feedback on Astra is positive, with strong interest from ecosystem partners.
Success metrics include design wins, pipeline evolution, and revenue growth as the platform proliferates.
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