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QTNA - Healthy IoT Growth And Better Margins Support Silicon Labs
Quantenna Communications Inc.
I’ve sort of thrown in the towel on valuation where Silicon Labs (SLAB) is concerned, accepting that the market is wiling to pay premiums beyond what I think is fair or reasonable to hold a position in one of the closest things to an IoT pure-play in the chip sector. To that end, my prediction from my last update that Silicon Labs could be a relatively attractive name in a growth-starved chip sector has helped up reasonably well, with SLAB continuing to outperform the chip sector as a whole.