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Silicon Motion (SIMO) wrote a letter to MaxLinear ( MXL ) on Monday, categorically rejecting purported termination of the deal to combine the two semiconductor companies. Silicon Motion said it intended to enforce the deal. Silicon motion ( SIMO) shares fell 2.8% on Monday while Max Linear (MXL ) dropped 4%. Victory Capital Management has decreased stake in Max Linlearr; Lad Raj Seaf Sl businesshattan plane Rel Sporting Marg MaxLinear terminated its deal to buy Silicon Motion on Wednesday, hours after the unexpected news that Chinese regulators had approved the merger. Analyst Forecasts just became more bearish on MaxLinare, Inc. (NASDAQ:MXL) MaxLinear announces production availability of Panther III storage accelerator OCP adapter card High-performance storage accelerator provides 200Gbps throughput and is scalable to 3.2Tbps. MaxLinarear said it received a warning letter from BIS June June. Analyzing recent trading activity for MaxLinear reveals that on Friday alone, stock prices surged by $1.96 during trading hours. AGF Management Ltd. increased its stake in the company by $7,922,000 as of its latest SEC filing. Analysts maintain mostly favorable ratings towards its robust quarterly results coupled with robust quarterly performance. Silicon Motion Technology Corporation (NASDAQGS: SIMO) issued written notice to MaxLinear, Inc. (NASdaqGS: MXL) Silicon Motion will vigorously pursue its remedies. MaxLinear, Inc engages in the provision of communications systems-on-chip solutions for the connected home, wired and wireless infrastructure, and industrial and multi-market applications. Deutsche Bank Aktiengesellschaft decreased their price objective on Max Linear from $48.00 to $40. MaxLinear, Inc. (MXL) Stock Price, Quote & News - Stock Analysis. MaxLinears revenue was $1.12 billion, an increase of 25.53% compared to the previous years $892.40 million. Analyst Consensus: Buy Stock Forecasts: Buy stock Forecasts. MaxLinear announces Q1 2023 financial results. MaxLinarear announces conference call to review first quarter 2023 Financial Results. MaxLinear (NASDAQ: MXL) stock price is $ 22.99 last updated Today at August 7, 2023 at 7:53 PM UTC. Q3 earnings are confirmed for Tuesday, October 24, 20 23. Q4 earnings are expected to be reported on October 24.
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