On June 23, MaxLinear declined 5.02% overnight, trading at $91.31 USD/share, with turnover of $2.0713 million.
Within the Semiconductors sector where MaxLinear belongs, stocks were broadly under pressure. Among individual stocks, Micron Technology down 5.29%, NVIDIA down 1.63%, Intel down 5.28%, Marvell Technology down 6.07%, Advanced Micro Devices down 3.42%.
MaxLinear is a fabless integrated circuit design company focused on communications systems-on-chip solutions for broadband, mobile and wireline infrastructure, data center, and industrial applications. Its products integrate key elements of high-speed communication systems, including radio frequency, analog, mixed-signal, and digital processing technologies.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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