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MXIM - MXIM STOCK NEWS

Welcome to our dedicated page for MXIM news (Ticker: MXIM), a resource for investors and traders seeking the latest updates and insights on MXIM stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MXIM's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MXIM's position in the market.

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Maxim Integrated Products (NASDAQ: MXIM) has introduced the MAX33012E CAN bus transceiver and the MAX33072E RS-485 transceiver, designed for industrial automation. These devices aim to enhance system uptime by providing advanced fault detection and expanding network connectivity. The MAX33012E features fault detection on data lines and reporting capabilities for overvoltage and transmission errors, while the MAX33072E boasts a common mode range significantly greater than competitors. Both products prioritize reliability and efficiency, crucial for industrial applications.

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Maxim Integrated introduces two new Essential Analog ICs, the MAX31889 and MAX31825, designed to enhance the reliability of temperature-sensitive applications, especially in the pharmaceutical cold chain. The MAX31889 offers ±0.25-degree Celsius accuracy and 35% lower power consumption than alternatives, priced at $1.65. The MAX31825 allows connection of up to 64 devices with ±1-degree Celsius accuracy, priced at $1.55. Both products improve operational efficiency and reduce wiring complexities in various applications.

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Maxim Integrated has announced the launch of the Essential Analog mobile app, available for iOS and Android, enabling engineers to access vital information on Essential Analog ICs anytime, anywhere. The app offers features such as application notes, training videos, and a toolkit containing samples from 20 IC categories. Users can also search for parts, bookmark content, and stay updated on Maxim’s events. This innovation aims to enhance productivity for engineers designing systems across various sectors, from consumer electronics to industrial applications.

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Maxim Integrated Products (NASDAQ: MXIM) has launched the DS28E18, a 1-Wire-to-I2C/SPI bridge, which connects remote sensors with a unique two-wire solution, reducing costs and complexity. The DS28E18 extends connections up to 100 meters, eliminating the need for multiple switch extenders and power supplies. This innovation simplifies design and enhances communication for I2C and SPI sensors. Priced at $0.64 (1000 units), it is available on Maxim's website and authorized distributors.

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Maxim Integrated Products has launched the MAX77958 USB-C PD controller and MAX77962 28W buck-boost charger, designed to facilitate the transition to USB-C Power Delivery in portable devices. These solutions enable significant reductions in development time by up to three months and halving the size of existing solutions. The MAX77958 supports a range of features for robust design, while the MAX77962 offers a wide input voltage range for rapid charging. Both products cater to the increasing demand for higher power delivery in consumer and industrial electronics.

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Maxim Integrated has launched a new cryptographic coprocessor featuring ChipDNA PUF technology, aimed at enhancing IoT device security. This coprocessor addresses critical challenges like preventing counterfeit components and ensuring data authenticity. It offers hardware-based security measures, including encryption, secure boot, and endpoint security. The new DS28S60 coprocessor features a high-speed interface and robust cryptographic capabilities, facilitating secure communication between IoT nodes. An evaluation kit, DS28S60EVKIT, is also available for developers.

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Maxim Integrated Products reported a net revenue of $545 million for Q4 FY2020, marking a 3% decrease from the previous quarter and a 2% decrease year-over-year. Despite these declines, diluted earnings per share (EPS) were $0.77, bolstered by a $45 million tax reserve release. The company faced $9 million in special charges primarily related to acquisitions and COVID-19 expenses. Cash flow from operations stood at $212 million with free cash flow at $734 million. A dividend of $0.48 per share is scheduled for September 11, 2020.

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Maxim Integrated Products (NASDAQ: MXIM) is collaborating with Texas A&M University AgriLife Extension to monitor young calves for bovine respiratory disease (BRD) using innovative health-monitoring ear tags. BRD is a significant concern for the livestock industry due to its multifactorial causes and high costs. Current methods of detection are often unreliable and labor-intensive. The new approach uses sensors to monitor blood oxygen levels, transmitting data to alert pen-riders of potential health issues, aiming for better animal welfare and cost reduction in cattle farming.

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On July 21, 2020, Maxim Integrated Products launched the MAX32666 microcontroller, designed for IoT applications. This ultra-low-power MCU combines multiple functionalities, reducing bill-of-materials (BOM) costs by up to 33%. It features a dual Arm Cortex-M4 processor, integrated power management, and supports Bluetooth Low Energy 5.2. The MCU enhances battery life and processing speed, achieving up to 96MHz operation. Key specifications include up to 1MB flash memory and 560KB SRAM, with advanced security features. Priced at $5.22, the MAX32666 is available now.

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Maxim Integrated Products, Inc. (NASDAQ:MXIM) reported preliminary net revenue of approximately $545 million for the fiscal fourth quarter ended June 27, 2020, surpassing prior guidance of $480 million to $540 million. Tunc Doluca, CEO, attributed this strong performance to effective manufacturing operations, especially in the Philippines, despite global challenges. Investors should note that these figures are preliminary and subject to change, with final results expected on July 28, 2020.

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267.05M
Semiconductor and Related Device Manufacturing
Manufacturing
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US
San Jose