Silicon Motion (SMI) Gains Over 580% In Valuation

Silicon Motion, or SMI, is a publicly traded company under the ticker symbol SIMO

Founded in 1995, Silicon Motion Technology Corporation is a leading developer of microcontroller ICs for NAND flash storage devices. The semiconductor company also designs, develops and markets high-performance, low-power semiconductor solutions for original equipment manufacturers (“OEM”) such as Nexcopy Incorporated, a Southern California technology company focused on flash memory storage products.

Silicon Motion currently holds 1,522 patents, with 1,302 of those patents pending for final approval. The company has a revenue of $540 million dollars, annually.

A $1000 investment made in August 2011 would be worth $6,831.87, or a gain of 583.19%, as of August 23, 2021, according to NASDAQ calculations. This return excludes dividends but includes price appreciation.

Source: NASDAQ