TacticScaleWhat Lattice Semiconductor Does & How It Makes Money (LSCC)
Updated October 2026 · reflects Lattice Semiconductor's latest reported financials
Maker of low-power programmable chips (FPGAs) and design software. Most of its revenue comes from selling FPGA chips and video connectivity chips to customers in communications and computing, industrial and automotive, and consumer markets.
How Lattice Semiconductor makes money
Most of its revenue comes from selling FPGA chips and video connectivity chips to customers in communications and computing, industrial and automotive, and consumer markets. It also earns money from evaluation and development hardware, IP core licensing, patent monetization, and IP services.
What Lattice Semiconductor does
Lattice Semiconductor, founded in 1983 and headquartered in Hillsboro, Oregon, specializes in field programmable gate arrays (FPGAs), which are chips that can be reconfigured through software after manufacturing. It offers small FPGA platforms (Nexus, Nexus 2), the mid-range Avant platform, and a range of general-purpose and specialized chip families, including Certus, MachXO, iCE and CrossLink. It also sells video connectivity chips (ASSPs). Lattice pairs its hardware with design tools (Radiant, Propel) and application-specific solution stacks for edge AI (sensAI, Glance), embedded vision (mVision), hardware security (Sentry), industrial automation, automotive and ORAN telecom. It serves communications and computing, industrial and automotive, and consumer customers across Asia, Europe and the Americas. It also earns revenue from IP licensing and patent monetization.
Products & services
- Lattice Nexus / Nexus 2 FPGA platforms
- Lattice Avant mid-range FPGAs
- Certus-NX / CertusPro / Certus-N2 FPGAs
- MachXO, iCE and CrossLink FPGAs
- Lattice Radiant and Propel design software
- Lattice sensAI, Sentry and mVision solution stacks
What is Lattice Semiconductor worth?
On an owner-earnings DCF, Lattice Semiconductor's most-likely value is about $52 versus a recent price near $126 (58% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$16) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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