Cirrus Logic (CRUS) has projected its Q3 revenue to be between $480 million and $540 million, falling short of the consensus estimate of $589.79 million. The company anticipates a GAAP gross margin of 51% to 53%. In contrast, Lattice Semiconductor Corporation (LSCC) has indicated a revenue increase in 2025, but also suggested a 14% downside, prompting cost-cutting measures to mitigate earnings per share impacts. Meanwhile, NXP Semiconductors has forecasted quarterly revenue below market expectations due to macroeconomic concerns. GlobalFoundries reported strong demand from smartphone manufacturers, leading to a positive Q4 forecast, with shares rising by 10%. Microchip Technology (MCHP) reported adjusted earnings per share of $0.46 on net sales of $1.16 billion, slightly exceeding estimates, but guided Q3 revenues down to between $1.03 billion and $1.10 billion, below the expected $1.18 billion. This weak outlook has led to a decline in MCHP shares, which are down approximately 4%. Overall, the semiconductor sector is experiencing a mix of optimism and caution as companies navigate varying market demands and economic uncertainties.