Needham and UBS praise Maxim Integrated's (MXIM +8.2%) after the company delivers an EPS beat and guides for FQ4 revenue of $590M-$620M and EPS of $0.34-$0.38 (consensus is for $601.9M and $0.34). Needham sees the analog chipmaker benefiting from rising industrial orders and heavy smartphone exposure, while UBS is pleased with management's remarks about the chip industry's inventory correction having ended (noteworthy given prior cautiousness).
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