On September 14, MaxLinear fell 9.31% in regular trading, trading at $66.67 per share, with turnover of $12.62 million.
Within the Semiconductors sector where MaxLinear belongs, the overall sector showed broad weakness. Among individual stocks, Intel down 7.58%, Micron Technology down 6.72%, Advanced Micro Devices down 5.75%, Broadcom down 3.65%, NVIDIA down 3.51%.
MaxLinear is a fabless integrated circuit design company providing communications systems-on-chip solutions for broadband, mobile and wireline infrastructure, data centers, and industrial applications. Its products integrate key elements of high-speed communication systems, including radio frequency, analog, mixed-signal, digital signal processing, security engines, data compression, and power management technologies.
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