Cirrus Logic, Inc.'s (NASDAQ: CRUS) stock is continuing its upward trajectory, with a gain of 54.6% year to date (YTD) compared with 16.7% and 31.7% growth of the S&P 500 composite and the sub-industry, respectively. Cirrus Logic is a fabless semiconductor supplier that develops low-power, high-precision mixed-signal processing solutions. The company focuses on expanding markets where CRUS can apply its high-precision, low-power mixed-signal processing knowledge to address challenging issues across the analog-to-digital divide. Cirrus Logic's performance is driven by accretive investment and product launches. Last month, CRUS launched its latest lineup of digital-to-analog converters (DACs) and an ultra-high-performance audio CODEC. These innovative solutions are specifically crafted for recording artists, live performers and audiophiles, delivering uncompromising sound quality and exceptional performance. Image Source: Zacks Investment Research The new additions to the Pro Audio family include the 8-channel DAC CS4308P, 4-channel CS4304P, 2-channel CS4302P and CODEC CS4282P. These devices offer top-notch performance, minimal power consumption and features like hybrid gain control to address the pressing audio challenges that have been rooted in the industry for a long time. The company plans to make investments in the advanced battery and power technology market related to high-efficiency charging, battery management and system-side power delivery. Apart from this, Cirrus Logic plans to launch its next-generation custom-boosted amplifier and first 22-nanometer smart codec later in fall 2024. These new products should significantly improve the performance of the ...