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BTCC / BTCC Square / Global Cryptocurrency /
MaxLinear Stock Surges 80% on Data Center Boom

MaxLinear Stock Surges 80% on Data Center Boom

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2026-04-25 06:14:03
0
BTCCSquare news:

MaxLinear (MXL) shares skyrocketed 80% to $61.52 Friday after reporting explosive growth in data center infrastructure revenue. The semiconductor firm's Q1 earnings beat expectations with $137.2 million in revenue (up 43% YoY) and $0.22 adjusted EPS.

Infrastructure revenue grew 136% annually, now representing the company's largest segment. CEO Kishore Seendripu highlighted strong demand for optical data-center platforms during the earnings call.

The company's Q2 revenue guidance of $160M-$170M crushed analyst estimates of $137.1M, signaling continued momentum in enterprise tech adoption.

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