MaxLinear (NASDAQ:MXL) Drops Even as Q3 Sales Surpass Guidance by 24%
Shares of MaxLinear, Inc. slid 11.2% to $81 as of 7 p.m. EDT on Thursday. The regular U.S. session had ended, with after-hours trading continuing until 8 p.m.
MaxLinear (MXL) Moved 28% in Wild Week; Shorts Boosted Positions Near Highs
Short interest in MaxLinear, Inc. rose 34.7% to 4.15 million shares as of June 30, when the stock closed at a record $128.03. Short interest tracks shares investors borrow and sell, aiming to profit if prices drop. U.S. markets are closed over the weekend. Shares ended Friday at $91.30, down 28.7% from that high.
MaxLinear Stock Nears $100 as AI Data-Center Rally Sets Up a Shareholder Test
Shares of MaxLinear Inc. shot up over 21% Friday afternoon, reaching as high as $101.20. Investors piled in on the chipmaker’s AI data-center narrative. Lately, the stock hovered near $100, putting the Carlsbad, California firm’s market cap at roughly $8.8 billion.
MaxLinear Stock Has Tripled. Its AI Data-Center Bet Now Faces a Bigger Test
MaxLinear Inc. stock jumped 9.1% to finish at $77.18 on Friday, bringing the company’s valuation to roughly $6.8 billion. Investors piled in as the chipmaker ramped up its move into AI data-center connectivity, fueling another surge in the shares.
Why MaxLinear Stock Is Surging as AI Data-Center Demand Rewrites the Story
Shares of MaxLinear jumped Wednesday, as another analyst upgrade sent investors further into the Carlsbad chipmaker’s AI data-center narrative. The move comes just days after the company posted a big leap in infrastructure revenue and issued guidance that topped expectations.
MaxLinear Stock Jumps 67% as AI Data-Center Demand Powers Outlook
MaxLinear Inc. shares surged roughly 67% early Friday after the chipmaker projected second-quarter revenue far ahead of Wall Street targets, pointing to stronger demand for chips used inside AI data centers. The stock climbed to $57.30, up over $23 compared to Thursday’s close.
MaxLinear Stock Surges as AI Data-Center Chip Demand Drives Big Q2 Outlook
Shares of MaxLinear Inc. surged after the bell Thursday, with the chipmaker's upbeat second-quarter outlook topping Wall Street targets. The company cited accelerating demand for its optical data-center products as cloud giants expand AI infrastructure. MaxLinear stock soared more than 23% after hours, reaching $42.47, up from a $34.25 close.
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