--- title: "U.S. stock market midday update: MaxLinear down 12.32%, analysts' non-recommendation shakes market confidence, AI funds flow to other stocks" type: "News" locale: "en" url: "https://longbridge.com/en/news/286143758.md" description: "MaxLinear fell 12.32%; Micron Technology fell 6.28%, with a transaction volume of 44.3 billion USD; NVIDIA rose 0.05%, with a transaction volume of 25.9 billion USD; Intel fell 9.11%, with a transaction volume of 16.8 billion USD; TSMC fell 2.38%, with a market value of 2.05 trillion USD" datetime: "2026-05-12T18:53:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286143758.md) - [en](https://longbridge.com/en/news/286143758.md) - [zh-HK](https://longbridge.com/zh-HK/news/286143758.md) --- # U.S. stock market midday update: MaxLinear down 12.32%, analysts' non-recommendation shakes market confidence, AI funds flow to other stocks **U.S. Stock Market Midday Update** MaxLinear fell 12.32%. Based on recent key news: 1. On May 12, analyst ratings showed that MaxLinear was not included in the recommended buy list, leading to weakened market confidence. Analysts believe that five other stocks are more attractive, and MaxLinear's hold rating failed to spark investor interest, causing the stock price to drop. 2. On May 11, the market held a cautious attitude towards MaxLinear's future profitability. Despite potential earnings growth opportunities, analysts' concerns about its operating costs kept investors on the sidelines, affecting stock price performance. 3. On May 11, market attention shifted away from the AI industry, and MaxLinear failed to become the investors' top choice. Other AI stocks recommended by analysts attracted more capital inflow, putting pressure on MaxLinear's stock price. Competition in the AI industry intensified, with funds flowing to other stocks. **Stocks with High Trading Volume in the Industry** Micron Technology fell 6.28%. Based on recent news: 1. On May 12, Micron Technology's CEO was included in President Trump's delegation to China, boosting the stock price. This move is seen as a significant driver for the stock price surge, increasing market expectations for U.S.-China trade cooperation. 2. On May 11, labor disputes at Samsung Electronics could lead to strikes, further tightening supply and demand in the memory market. Micron Technology is expected to benefit from this, with Deutsche Bank raising its target price to $1000. 3. On May 11, analysts pointed out that demand for the memory industry is increasing in the AI era, driving up Micron's stock price. Investors are reassessing Micron's valuation framework, expecting significant upside potential for the stock price. Demand for tech stocks is strong, and the market is optimistic. NVIDIA rose 0.05%, with increased trading volume. Based on recent key news: 1. On May 12, NVIDIA formed a long-term partnership with Corning, strengthening the fiber optics sector. This collaboration boosted market confidence in NVIDIA's position in the AI data center field, further supporting the stock price increase. Source: Zhitong Finance 2. On May 12, NVIDIA's market capitalization surpassed that of the S&P 500 healthcare sector, demonstrating the tech industry's dominance in the U.S. stock market. Tech stocks are generally strong, and NVIDIA's stock price reached an all-time high. Source: Zhitong Finance 3. On May 12, Wells Fargo raised NVIDIA's target stock price to $315, reflecting the market's optimistic expectations for its future growth. Source: Wells Fargo AI industry chain is hot, leading tech stocks. Intel fell 9.11%. Based on recent key news: 1. On May 12, Intel's stock price soared 214% in six weeks, with a market capitalization increase of over $440 billion. Despite short sellers losing $12 billion, doubts about a future correction remain. The short ratio is close to a 52-week high, indicating investors' confidence in its fundamental improvement. Source: Zhitong Finance 2. On May 12, Intel reached a preliminary foundry agreement with Apple, expected to produce some chips for Apple. This move is seen as a way to reduce TSMC's monopoly in the chip foundry market. Source: Wall Street Insight 3. On May 11, Intel collaborated with NVIDIA to develop new products, with stock prices hitting a historic high. This collaboration is viewed as an important factor in boosting market confidence. Source: Jinshi Data Technology stocks performed strongly, with significant capital inflows. **Stocks ranked at the top of the industry by market capitalization** TSMC fell 2.38%. Based on recent key news: 1. On May 11, TSMC's structural advantages in the AI chip market became increasingly evident, as tech giants plan to invest massive amounts of money, with capacity and gross margins continuously improving, demonstrating its potential for long-term profitability. TSMC's relatively low valuation and Japan's currency market intervention reflect the market's high attention and uncertainty regarding technology and monetary policy. Source: Zhitong Finance 2. On May 11, the Taiwan stock market rose by 186.12 points today, with a transaction value of NT$1 trillion 113.27 billion. Foreign investors sold over 17,000 shares of TSMC, indicating short-term adjustment pressure on TSMC. Source: Caixin Network 3. On May 12, TSMC's board approved a capital budget of approximately $31.284 billion, mainly for building advanced process capacity and factory construction, showing the company's confidence in future growth. Source: Eastmoney Technology stocks diverged, and market competition intensified ### Related Stocks - [MXL.US](https://longbridge.com/en/quote/MXL.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [TSM.US](https://longbridge.com/en/quote/TSM.US.md) ## Related News & Research - [MaxLinear Launches Trinity Platform for Faster, Cost-Efficient, Cloud-Managed, AI-Enabled Wireless Backhaul for 5G Networks | MXL Stock News](https://longbridge.com/en/news/286417630.md) - [MaxLinear Enhances Control-Plane Connectivity for AI Data Centers with New Coronado™ and Laguna™ USB UART Solutions | MXL Stock News](https://longbridge.com/en/news/286914182.md) - [Pictet Asset Management Holding SA Buys Shares of 10,884 MaxLinear, Inc $MXL](https://longbridge.com/en/news/286064480.md) - [Pure Financial Advisors LLC Makes New Investment in MaxLinear, Inc $MXL](https://longbridge.com/en/news/285921632.md) - [5 Overbought Tech Stocks to Sell for Profit](https://longbridge.com/en/news/284820419.md)