MaxLinear (MXL) delivered earnings and revenue surprises of -5% and 0.29%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Magnachip Semiconductor and Analog Devices are part of the Zacks Industry Outlook article.
The Analog/Mixed Signal Semiconductor industry is a mixed bag this year with much dependent on ongoing inventory management, the macro situation and geopolitical issues. Long-term prospects remain solid. We have our eyes on MX and ADI.