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THVD1426: THVD1426 waveform behavior

Part Number: THVD1426

Tool/software:

Hi Team

May I know why left red circle part have Rx waveform(Yellow)?

because in my concept it should only have Tx no Rx waveform.

in above situation RE and SHDN both are pull high.

or it's because Rx is high impedance so VA - VB get below waveform?

BRs

Brian