Micron Technology Inc. (NASDAQ:MU) has been one of Wall Street's biggest artificial intelligence winners in 2026, with shares soaring roughly 301% year to date as demand for high-bandwidth memory exploded.
MaxLinear is identified as a quiet beneficiary of the AI revolution, with significant upside potential remaining. Despite a 500% surge over the past year, I believe MXL is still in the early stages of its growth cycle. MXL trades at a premium valuation of approximately 67x forward P/E, reflecting high expectations.
MaxLinear is transforming from a cyclical connectivity chipmaker into a high-growth AI data-center infrastructure play, with infrastructure now its largest segment. MXL's infrastructure segment posted 136% YoY growth, driving overall Q1 revenue up 43% YoY, and management targets at least double the industry growth rate. Recent product launches, bullish analyst upgrades, and raised guidance (Q2 revenue midpoint $165M, up 52% YoY) underscore strong execution and operating leverage potential.
On June 25, 2026, MaxLinear Inc (MXL) shares rose 11.2% to a current price of $94.47. The stock has experienced significant volatility over the past year, with
On June 15, 2026, MaxLinear Inc (MXL) shares rose 5.1%, bringing the current price to $88.74. The stock has experienced significant volatility, with a 52-week r