EPISODE · Apr 29, 2026 · 1 MIN
MaxLinear's Earnings Surge, Semiconductor ETF Soars
from The Daily News Now! Business
MaxLinears stunning earnings report sent its stock soaring 85% in a day, with revenue up 43% and adjusted earnings flipping from a loss to $0.22 per share. Managements optimistic guidance for Q2 and 2026, driven by surging demand for optical data center chips, fueled investor excitement. Shares surged from $63 to over $130 intraday, though they settled at $60. For a more balanced approach, consider the Invesco Semiconductors ETF, which has returned 62% this year and 31% annually over the past decade. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2ad5347f4be232d9
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MaxLinear's Earnings Surge, Semiconductor ETF Soars
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