FY16Q2 Earnings Presentation

1. Fiscal 2016 Second Quarter Results
January 21st, 2016

2. Safe Harbor
2
This presentation contains forward-looking statements within the meaning of Section 27A of the
Securities act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
These forward-looking statements include, without limitation, the Company’s projections and statements
regarding revenue, gross margin, earnings per share, capital expenditures and other financial and business
metrics. These statements involve risks and uncertainties that could cause actual results to differ
materially from expectations. Please refer to the Company’s Annual Report on Form 10-K for the fiscal
year ended June 27, 2015 for a description of some of the risk factors that could cause actual results to
differ materially from such forward-looking statements.
All forward-looking statements included in this presentation are made as of the date hereof, based on the
information available to the Company as of the date hereof, and the Company assumes no obligation to
update any forward-looking statement.

3. Fiscal 2016 Second Quarter Results Summary
• Net Revenue of $511 million
• Gross Margin of 60.5% (excluding special items); 57.2% (GAAP)
• Earnings Per Share of $0.32 profit (excluding special items); $0.23 profit (GAAP)
• Returned $109 million to shareholders
• Dividend payout: $86 million
• Stock repurchases: $23 million
• TTM1 Free Cash Flow of $703 million, 32% of TTM revenue
3
1TTM: Trailing Twelve Months
Note: Free Cash Flow = Cash Flow from Operations – Net Capital Expenditures
Net Capital Expenditures = Gross Capital Expenditures – Asset Sales

4. Results and Guidance
4

5. $662M
$703M
Fiscal 2016 Second Quarter Results vs. Last Year
5
$567M
$511M
-10%
FY15 Q2 FY16 Q2
Revenue
$0.33
$0.32
-3%
FY15 Q2 FY16 Q2
Earnings per Share
(Excluding Special Items2)
TTM1 Free Cash Flow3
1TTM: Trailing Twelve Months
2Special Items definition in appendix
Note: Free Cash Flow: Cash Flow from Operations – Net Capital Expenditures
Net Capital Expenditures: Gross Capital Expenditures – Asset Sales
FY15 Q2 FY16 Q2
+6%

6. Comms &
Data Center
Computing Consumer Industrial Automotive
-18%
-5%
FY15 Q2 vs. FY16 Q2 Revenue
-19%
-23%
Fiscal 2016 Second Quarter Results by End Market
6
+34%
28%
29%
21%
17%
5%
FY16 Q2 Revenue: $511M
Consumer
Automotive
Industrial
Communications &
Data CenterComputing
Note: Due to nature of our general purpose products, estimates by Major Markets are imprecise

7. Fiscal 2016 Third Quarter Guidance
FY16 Q3 Guidance
Revenue $535M – $575M
Gross Margin
60% – 63% GAAP excl. Special Items2
(57% – 60% GAAP)
Earnings Per
Share
$0.38 – $0.44 GAAP excl. Special Items2
($0.35 – $0.41 GAAP)
Capital
Expenditures
Target range
of 1 – 3% of revenue
7
1”Strongly up” is normalized for impact of energy meter business divestiture; revenue guidance includes impact of divestiture
2Special Items definition in Appendix
Note: Maxim Integrated’s business outlook does not include the potential impact of any restructuring activity, acquisitions, or other business combinations that
may be completed during the quarter.
FY16 Q3 End Market Guidance vs. FY16 Q2
 Automotive strongly up
 Industrial strongly up1
 Data Center & Comms strongly up
 Consumer strongly up
 Computing down

8. Key Metrics
8

9. 0%
10%
20%
30%
$0
$300
$600
$900
FY11
Q2
FY12
Q2
FY13
Q2
FY14
Q2
FY15
Q2
FY16
Q2
TTM1 Free Cash Flow
9
1TTM: Trailing Twelve Months
Note: Free Cash Flow: Cash from Operations – Net Capital Expenditures
Net Capital Expenditures: Gross Capital Expenditures – Asset Sales
$M As % of Revenue
32%

10. $0
$300
$600
$900
FY11
Q2
FY12
Q2
FY13
Q2
FY14
Q2
FY15
Q2
FY16
Q2
Free Cash Flow, TTM
Net Income (ex-SI), TTM
TTM1 Free Cash Flow vs. Net Income (excluding Special Items)
10
1TTM: Trailing Twelve Month
Note: Free Cash Flow = Cash from Operations – Net Capital Expenditures
Net Capital Expenditures = Gross Capital Expenditures – Asset Sales
$M

11. 0%
3%
6%
9%
12%
15%
FY11
Q2
FY12
Q2
FY13
Q2
FY14
Q2
FY15
Q2
FY16
Q2
Series3
Depreciation
Capital Expenditures
Capital Expenditures vs. Depreciation (excluding Special Items)
11
% of Revenue
CapEx Target:
1 to 3%
of Revenue
Accelerated Depreciation

12. $0.20
$0.22
$0.24
$0.26
$0.28
$0.30
FY12 Q1 FY14Q1 FY16 Q1
Quarterly Cash Dividend Per Share
12
$0
$50
$100
$150
$200
$250
FY12 Q2 FY14 Q2 FY16 Q2
Dividends & Share Repurchases
Dividend
Return of Cash to Shareholders
Buyback
+5%
+9%
+8%
+8%
$504M remaining in share repurchase
program as of FY16 Q2 end
$0.30
+7%

14. 14
Appendix
2Special Items: intangible asset amortization; accelerated depreciation; acquisition-related inventory write-up; impairment of long-lived assets;
impairment of goodwill and intangible assets; severance and restructuring; acquisition-related costs; contingent consideration adjustments
relating to certain acquisitions; expected loss on rent expense for vacated office space; loss related to sale of land and buildings; impairment of
investments in privately-held companies; tax provision impacts due to fixed asset tax basis adjustment relating to prior year depreciation
expense.

15. Reconciliation of GAAP vs. GAAP Excluding Special Items (Unaudited)
15
December 26, September 26, December 27,
2015 2015 2014
Reconciliation of GAAP gross profit to GAAP gross profit excluding special items:
GAAP gross profit 292,169$ 286,351$ 314,077$
GAAP gross profit % 57.2% 50.9% 55.4%
Special items:
Intangible asset amortization 14,734 16,638 18,750
Accelerated depreciation (1) 2,032 43,631 8,895
Total special items 16,766 60,269 27,645
GAAP gross profit excluding special items 308,935$ 346,620$ 341,722$
GAAP gross profit % excluding special items 60.5% 61.6% 60.3%
Reconciliation of GAAP operating expenses to GAAP operating expenses excluding
special items:
GAAP operating expenses 202,636$ 362,116$ 378,153$
Special items:
Intangible asset amortization 3,538 3,591 4,155
Impairment of long-lived assets (2) 1,950 157,697 50,745
Impairment of goodwill and intangible assets (3) - - 93,010
Severance and restructuring (4) 10,652 7,126 13,635
Other operating expenses (income), net (247) 315 885
Total special items 15,893 168,729 162,430
GAAP operating expenses excluding special items 186,743$ 193,387$ 215,723$
Reconciliation of GAAP net income (loss) to GAAP net income excluding special
items:
GAAP net income (loss) 67,469$ (72,143)$ (72,034)$
Special items:
Intangible asset amortization 18,272 20,229 22,905
Accelerated depreciation (1) 2,032 43,631 8,895
Impairment of long-lived assets (2) 1,950 157,697 50,745
Impairment of goodwill and intangible assets (3) - - 93,010
Severance and restructuring (4) 10,652 7,126 13,635
Other operating expenses (income), net (247) 315 885
Interest and other expense (income), net 595 (109) (217)
Pre-taxtotal special items 33,254 228,889 189,858
Fiscal year 2015 & 2014 research & development taxcredits (2,475) - (2,863)
Other income taxeffects and adjustments (5) (5,428) (36,434) (21,283)
GAAP net income excluding special items 92,820$ 120,312$ 93,678$
GAAP net income per share excluding special items:
Basic 0.33$ 0.42$ 0.33$
Diluted 0.32$ 0.42$ 0.33$
Shares used in the calculation of earnings per share excluding special items:
Basic 285,526 284,588 282,992
Diluted (6) 290,521 288,897 287,954
ANALYSIS OF GAAP VERSUS GAAP EXCLUDING SPECIAL ITEMS DISCLOSURES
(Unaudited)
(in thousands, except per share data)
Three Months Ended
(1) Building and equipment accelerated depreciation related to San Jose and Dallas manufacturing facilities.
Accelerated depreciation (1) 2,032 43,631 8,895
Total special items 16,766 60,269 27,645
GAAP gross profit excluding special items 308,935$ 346,620$ 341,722$
GAAP gross profit % excluding special items 60.5% 61.6% 60.3%
Reconciliation of GAAP operating expenses to GAAP operating expenses excluding
special items:
GAAP operating expenses 202,636$ 362,116$ 378,153$
Special items:
Intangible asset amortization 3,538 3,591 4,155
Impairment of long-lived assets (2) 1,950 157,697 50,745
Impairment of goodwill and intangible assets (3) - - 93,010
Severance and restructuring (4) 10,652 7,126 13,635
Other operating expenses (income), net (247) 315 885
Total special items 15,893 168,729 162,430
GAAP operating expenses excluding special items 186,743$ 193,387$ 215,723$
Reconciliation of GAAP net income (loss) to GAAP net income excluding special
items:
GAAP net income (loss) 67,469$ (72,143)$ (72,034)$
Special items:
Intangible asset amortization 18,272 20,229 22,905
Accelerated depreciation (1) 2,032 43,631 8,895
Impairment of long-lived assets (2) 1,950 157,697 50,745
Impairment of goodwill and intangible assets (3) - - 93,010
Severance and restructuring (4) 10,652 7,126 13,635
Other operating expenses (income), net (247) 315 885
Interest and other expense (income), net 595 (109) (217)
Pre-taxtotal special items 33,254 228,889 189,858
Fiscal year 2015 & 2014 research & development taxcredits (2,475) - (2,863)
Other income taxeffects and adjustments (5) (5,428) (36,434) (21,283)
GAAP net income excluding special items 92,820$ 120,312$ 93,678$
GAAP net income per share excluding special items:
Basic 0.33$ 0.42$ 0.33$
Diluted 0.32$ 0.42$ 0.33$
Shares used in the calculation of earnings per share excluding special items:
Basic 285,526 284,588 282,992
Diluted (6) 290,521 288,897 287,954
(2) Includes impairment charges related to the San Antonio wafer manufacturing facility, MEMS wafer manufacturing equipment, end of line test
equipment and certain research and development equipment.
(4) Includes severance charges associated with several reorganizations, primarily various business units and manufacturing operations.
(1) Building and equipment accelerated depreciation related to San Jose and Dallas manufacturing facilities.
(5) Includes taxeffect of pre-taxspecial items and miscellaneous taxadjustments.
(3) Includes impairment of goodwill and write-off of in-process research and development related to MEMS business unit.
(6) Shares used in diluted earnings per share excluding special items differs fromGAAP loss per share due to net income on a non-GAAP basis.