Silicon Laboratories pops amid strong Q3 results, guidance

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Intricate design of a computer chip on a circuit board surrounded by electronic components

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Silicon Laboratories (SLAB) was in focus on Tuesday after the semiconductor company reported stronger-than-expected third-quarter results and guidance.

Shares rose 4% in premarket trading.

For the period ending Oct. 4, Silicon Laboratories said it earned an adjusted $0.32 per share as revenue surged

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