BMO Capital upgrades MACOM on strong AI chipset and 81% data center revenue growth

BMO Capital upgraded MACOM Technology Solutions to Outperform due to its strong position in semiconductors and the launch of a new 3.2T chipset that accelerates AI and cloud data center development. The company reported an 81% year-over-year increase in data center revenue, driven by demand for advanced optical products. MACOM plans to showcase its latest technology at the ECOC 2026 conference, highlighting its role in high-speed connectivity for AI and cloud networks. The stock rose 4.52% to $263.14, with a market cap of about $20 billion.

MACOM Technology Solutions is currently trading at USD 270.00 on Pluang, showing a 1-day gain of 2.61%. The stock's market cap stands at $20.10 billion, with a buying interest of 68% among Pluang users as of Sep 18, 2026 20:32 WIB.