2-Jul-2026
MagnaChip Names Veteran Chae Lee as New CEO
TipRanks (Tue, 30-Jun 6:31 AM ET)
Magnachip Semiconductor names industry veteran Chae Lee as CEO, effective July 1
Seeking Alpha News (Mon, 29-Jun 4:19 PM ET)
Magnachip Appoints Chae Lee as Chief Executive Officer
Business Wire (Mon, 29-Jun 4:01 PM ET)
Market Chameleon (Tue, 23-Jun 3:07 AM ET)
Magnachip Launches New 6th-Generation 600V SJ MOSFETs for AI Servers and EV Charging Applications
Business Wire (Mon, 22-Jun 4:15 PM ET)
Business Wire (Tue, 26-May 6:55 AM ET)
Magnachip Reports Results for First Quarter 2026
Business Wire (Tue, 28-Apr 4:01 PM ET)
Market Chameleon (Wed, 22-Apr 6:35 AM ET)
Market Chameleon (Tue, 21-Apr 7:47 AM ET)
Business Wire (Tue, 21-Apr 6:55 AM ET)
MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The Company operates within a single operating segment, Power Solutions business. The company operates in Korea, Asia Pacific (other than Korea), United States and Europe.
Magnachip Semiconductor trades on the NYSE stock market under the symbol MX.
As of July 2, 2026, MX stock price declined to $4.12 with 1,186,882 million shares trading.
MX has a beta of 3.21, meaning it tends to be more sensitive to market movements. MX has a correlation of 0.13 to the broad based SPY ETF.
MX has a market cap of $150.38 million. This is considered a Micro Cap stock.
Last quarter Magnachip Semiconductor reported $46 million in Revenue and -$.11 earnings per share. This beat revenue expectation by $208,000 and exceeded earnings estimates by $.11.
In the last 3 years, MX traded as high as $11.35 and as low as $2.18.
The top ETF exchange traded funds that MX belongs to (by Net Assets): DFMC, AVSC, DFAS, GWX, BSVO.
MX has underperformed the market in the last year with a price return of +1.2% while the SPY ETF gained +21.8%. However, in the short term, MX had mixed performance relative to the market. It has outperformed in the last 3 months, returning +45.6% vs +14.0% return in SPY. But in the last 2 weeks, MX shares have been beat by the market, returning -22.0% compared to an SPY return of +1.0%.
MX support price is $4.16 and resistance is $4.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MX shares will trade within this expected range on the day.