On September 14, MaxLinear declined 5.06% overnight, trading at $70.80 USD/share, with turnover of $651,800.
Within the Semiconductors sector where MaxLinear belongs, the overall sector trended lower. Among individual stocks, Intel down 4.25%, Micron Technology down 3.73%, Advanced Micro Devices down 3.37%, Broadcom down 1.99%, NVIDIA down 1.59%.
MaxLinear, Inc. provides communications systems-on-chip solutions worldwide. Its products integrate various portions of a high-speed communication system, including radio frequency, high-performance analog, mixed-signal, digital signal processing, security engines, data compression and networking layers, and power management. The company serves electronics distributors, module makers, original equipment manufacturers, and original design manufacturers through a direct sales force, third-party sales representatives, and a network of distributors.
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