MACOM Stock Doubles, New Chips Double Optical Speed, Is This the Next Big Thing?
What's shocking is that MACOM Technology Solutions Holdings, Inc. has seen its stock more than double over the past year, and its new optical components are pushing data rates toward another doubling. This little-known AI chip stock has been flying under the radar, but its newest chipset is now directly competing with Coherent Corp. in the optical connectivity market. As AI clusters require more bandwidth, several suppliers can grow simultaneously, but MACOM's new components are changing the comparison. Wall Street is starting to take notice, and its stock has been upgraded to Outperform with a target of $335. Will MACOM's new chipset be the key to its continued success?
Tags/Hashtags:
Leave a Reply