TimesSquare Capital Management released its "U.S. Mid Cap Growth Strategy" first-quarter 2026 investor letter. The letter noted that Lattice Semiconductor Corporation's stock increased by 26% during the first quarter of 2026. The investment management company stated, "Robust demand for data centers and AI-related physical infrastructure supported revenue upside."

Lattice Semiconductor Corporation provides low-power field-programmable gate arrays. The company's stock closed at $152.96 per share on June 30, 2026. As of that date, the company had a market capitalization of $20.96 billion and a one-month return of -1.06%. Over the 52 weeks preceding June 30, 2026, Lattice Semiconductor shares gained 192.41%.

TimesSquare Capital Management quoted the company's performance in the letter: "Management highlighted that the demand signals strengthened over the last quarter, and first quarter guidance was well ahead of projections." The firm added, "A solid quarter was rewarded with a 26% run-up in the stock price."

The investor letter indicated that 36 hedge fund portfolios held Lattice Semiconductor Corporation at the end of the first quarter of 2026. This is an increase from the 33 hedge fund portfolios that held the company in the previous quarter. TimesSquare Capital Management specified its investment approach: "Among the wide variety of Information Technology companies, we prefer critical systems providers, specialized component designers, systems that improve client productivity or efficiency, and others that are growing their share of corporate IT budgets."

The TimesSquare Capital U.S. Mid Cap Growth Strategy returned -7.72% net in the first quarter of 2026. During the same period, the Russell Midcap Growth Index returned -6.35%.