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MarketBeat
MarketBeat
Dan Schmidt

MaxLinear’s Explosive 200% Rally Looks Impressive—But Can It Last?

Don’t worry, Joe DiMaggio, your 56-game hitting streak is safe. The iShares Semiconductor ETF (NASDAQ: SOXX) had its own hitting streak end at 18 straight days, gaining more than 30% over the period. The SOXX fund holds 30 of the largest semiconductor companies, and its recent rally illustrates the semiconductor industry's recent surge. Beyond the fund's 30 large holdings, however, some smaller, lesser-known companies have delivered even better returns.

One of these small chip stocks is MaxLinear Inc. (NASDAQ: MXL), a circuit maker with broadening exposure to the insatiable data center industry.

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