Animated label is not positioned correctly

[DrifterAtSea]

If you set the label property and have no chips, the label appears too far down over top of the bottom border of the input field. If you then add a chip, the label animates upward but not far enough and is slightly over the chip.

[leMaik]

Which variant are you using?

[leMaik]

@JohannBlake Ping?

[DrifterAtSea]

If you're referring to the "variant" property, it is the default "standard".