US55405Y1001 - Common Stock
MACOM currently trades at $137.94 and has been a dream stock for shareholders. It’s returned 451% since December 2019, blowing past the S&P 500’s 92.7% gain. The company has also beaten the index over the past six months as its stock price is up 34.1%.
A Fed rate cut and a slew of big earnings reports filled out a busy week.
Macom Technology has joined the ranks of chipmakers that have gotten a lift from sales to AI data centers. MTSI stock surged this week.
As Nvidia looks to maintain its lead in the AI data center market, it might need to fill some holes in its product lineup. Nvidia stock fell.
MACOM Tech Solutions sees its Relative Strength Rating hit the 80-plus level.
Analog Devices stock saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 70 to 78.
Looking back on analog semiconductors stocks' Q1 earnings, we examine this quarter's best and worst performers, including MACOM (NASDAQ:MTSI) and its peers.