MACOM Technology Solutions (MTSI) Shares Jump on BMO Upgrade
MACOM Technology Solutions (MTSI) shares climbed 7.3% following an upgrade to Outperform by BMO Capital. The upgrade was driven by strong interest in MACOM's 3.2-terabit optical chipset for AI data center infrastructure.
2-terabit optical chipset for artificial intelligence data center infrastructure. The move came as investors responded to the upgrade and the interest in the company’s optical chipset offering.