On September 15, MaxLinear rose 5.35% in regular trading, trading at $66.53/share, with turnover of $12.29 million. The rebound followed a sharp sell-off in the prior session, driven by concerns over potential cuts to cloud infrastructure capital expenditure after prominent AI leaders — including Anthropic's CEO, OpenAI's Altman, and Elon Musk — collectively called for a slowdown in frontier AI model development.

MaxLinear had plunged more than 9% on September 14 amid panic selling across the optical communications and semiconductor sectors. Market participants broadly viewed the decline as a sentiment-driven disruption rather than a deterioration in fundamentals, noting that AI computing demand and medium-to-long-term 1.6T optical module shipment plans remain substantively intact.

The broader semiconductor sector recovered on September 15, with Intel up 2.70%, SK hynix up 2.57%, Advanced Micro Devices up 1.93%, Micron Technology up 1.12%, and NVIDIA up 1.02%, providing a supportive backdrop for MaxLinear's technical rebound.

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