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What: Shares of multimedia- and storage-chip designer Silicon Motion Technology
So what: Last night's third-quarter report totally crushed the Street's earnings targets while reported and guided sales also came in above analyst expectations. I know this is hard to believe, but Silicon Motion is exploring new 52-week highs and has more than tripled over the last year.
Now what: The outperformance rests partly on 15% sequential sales growth in the flash memory controller segment but mostly on large 4G LTE signal transceiver orders from early LTE bird Samsung. That division saw 58% higher sales from one quarter to the next.
The stock has obliterated 4G alternatives of all sorts over the last year, from chip rivals Spreadtrum
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Fool contributor Anders Bylund holds no position in any of the companies mentioned. We Fools may not all hold the same opinion, but we all believe that considering a diverse range of insights makes us better investors. Check out Anders' holdings and bio, or follow him on Twitter and Google+. We have a disclosure policy.