SEMTECH CORP

**Signal Note: Driehaus Capital initiates $68.6M SMTC position** This appears to be a data error—Semtech Corp (SMTC) is a semiconductor/analog chipmaker, not a biotech company, making Driehaus's growth-focused biotech mandate an unlikely rationale for this position. If this were intended for a biotech holding, clarification on the target company and therapeutic area is needed to assess relevance to pipeline catalysts or clinical timing.