A fabless semiconductor company that designs, develops and markets universally compatible, low-power semiconductor solutions for the multimedia consumer electronics market.
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The stock is very reasonably valued in light of its growth prospects, assuming that tablets and smartphones stay hot for a few more years, and it's an alternative avenue to investing in SSD storage without buying drive builders STEC (Nasdaq: STEC) or SMART Modular Technologies (Nasdaq: SMOD). I may have missed the ideal entry point when the stock was 30% cheaper, but there's still plenty of upside left in the stock.