- MaxLinear has benefited from significant revenue outperformance, driven in large part by stronger work-from-home broadband demand.
- NanoSemi could be an underappreciated deal that elevates the competitiveness of MaxLinear's wireless infrastructure business.
- PAM-4 remains a "show me" story with meaningful commercial contributions slipping into 2021 and I could see MaxLinear as willing to sell this business at the right price.
- MaxLinear shares have outperformed the semiconductor space by a wide margin since May and the appreciation potential looks more normal now.
For further details see:
Work-From-Home Has Boosted MaxLinear, But Execution Is Still A Question Mark