Lattice Semiconductor (LSCC) Stock Pressured Due to Concerns Over Tariffs and Macroeconomic Uncertainty

Artisan Partners, an investment management company, released its “Artisan Mid Cap Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund’s Investor Class fund ARTMX returned 14.40%, Advisor Class fund APDMX posted a return of 14.45%, and Institutional Class fund APHMX returned 14.50%, compared to a 18.20% return for the Russell Midcap Growth Index. Global markets experienced a significant but volatile Q2, rotating from double-digit declines to double-digit gains. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, Artisan Mid Cap Fund highlighted stocks such as Lattice Semiconductor Corporation (NASDAQ:LSCC). Lattice Semiconductor Corporation (NASDAQ:LSCC) develops and distributes semiconductor products. The one-month return of Lattice Semiconductor Corporation (NASDAQ:LSCC) was 4.88%, and its shares gained 21.66% of their value over the last 52 weeks. On August 7, 2025, Lattice Semiconductor Corporation (NASDAQ:LSCC) stock closed at $57.58 per share, with a market capitalization of $7.882 billion.

Artisan Mid Cap Fund stated the following regarding Lattice Semiconductor Corporation (NASDAQ:LSCC) in its second quarter 2025 investor letter:

"Lattice Semiconductor Corporation (NASDAQ:LSCC), a fabless manufacturer of field-programmable gate array chips, has faced share pressure in line with broader semiconductor sector concerns over tariffs and macroeconomic uncertainty. In addition, recent results confirmed the company continues to ship products at a slower rate than true demand, as customers work down excess inventory. We believe Lattice is still positioned to return to strong growth, driven by consistent new product launches and ongoing market share gains. However, we scaled back the position due to the high degree of near-term uncertainty and will continue to monitor the situation carefully."

Lattice Semiconductor Corporation (NASDAQ:LSCC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 39 hedge fund portfolios held Lattice Semiconductor Corporation (NASDAQ:LSCC) at the end of the first quarter, which was 41 in the previous quarter. While we acknowledge the potential of Lattice Semiconductor Corporation (NASDAQ:LSCC) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we covered Lattice Semiconductor Corporation (NASDAQ:LSCC) and shared billionaire David Harding’s stock picks with huge upside potential. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.