Record revenue gives Level One a lift. (Level One Communications Inc.)

Level One Communications Inc., which just posted record second-quarter figures, is on track for a 26 percent jump in revenue by year's end.

And the Sacramento company is set for another 38 percent jump next year, analysts say.

With the company's stock price going up, Level One announced a 3-for-2 stock split. Stock splits are typically designed to make the price appear more affordable to more potential investors.

Now, Level One is barreling into its next "growth phase," said Robert Pepper, president and chief executive officer.

Level One is feeding a staggering demand for integrated circuit technology - systems that enable data to flow through …