10 AI News and Ratings Investors Should Take a Look At

6. Silicon Laboratories Inc. (NASDAQ:SLAB)

Number of Hedge Fund Holders: 18

Silicon Laboratories Inc. (NASDAQ:SLAB) designs analog-intensive mixed-signal solutions for different IoT applications, including smart homes, industrial automation, and healthcare.

On January 30, Silicon Labs unveiled the BG22L and BG24L SoCs, designed for Bluetooth LE applications. The BG22L offers up to ten years of battery life and supports Bluetooth 5.4, making it ideal for cost-sensitive, low-power uses. The BG24L is optimized for Bluetooth 6.0 Channel Sounding and AI/ML applications, enabling precise tracking and efficient machine learning at the edge. Equipped with an ARM Cortex M33 processor, the BG24L delivers improved performance while minimizing power consumption. Both SoCs will be available in Q2 2025.