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MACOM shares rise 4.7% as data-center buildout boosts demand

MACOM Technology Solutions Holdings (MTSI) rose 4.7% on Friday and is up 117% over the past year, amid attention tied to an accelerating data-center buildout.

MTSI

MACOM Technology Solutions Holdings, a lesser-known semiconductor company benefiting from the accelerating data-center buildout, rose again Friday as Wall Street takes notice. 7% and have surged 117% over the last year. The broader iShares Semiconductor ETF added 1…