Semiconductor IPOs Back in Vogue

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SAN FRANSCIO, Nov. 06, 2017 – Comms IC vendor Aquantia's stock rose nearly 6 percent on the long-awaited day of its initial public offering, the latest in a string of resurgence for IPOs in the semiconductor sector. 

Aquantia's stock closed at $9.51 on its first day of trading Nov. 3, after opening at $9. Faraj Aalaei, Aquantia's chairman, president and CEO, said the company views the IPO as a great success, though he added that it was early. "You really can't judge an IPO by what happens on the first day, he told EE Times in an interview.

The path to an IPO, once considered the ideal end game for semiconductor startups, has been much difficult to navigate in the semiconductor industry in recent years, as stock markets and investors have generally been drawn to software firms that are less capital intensive and can offer a faster and larger return on investment.

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