LOWELL, Mass., March 18, 2026 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of semiconductor products, will showcase its latest RF and optoelectronics solutions for satellite communications (SATCOM) at Booth 1637, during SATShow Week, taking place March 24 to 26, 2026 in Washington, D.C. These solutions can enable higher frequency bands, improved power efficiency and more scalable architectures, which are critical to next-generation satellite networks. MACOM will host liv ...

Core Insights - MACOM Technology Solutions Inc. has launched new 448G PAM4 modulator drivers aimed at enhancing the development of next-generation optical transceivers for high-capacity data networking solutions in AI, ML, and HPC [1][2] Product Details - The MAOM-025408 Mach-Zehnder Driver and MAOM-022404 EML Driver are among the first in the industry to support 400G per lane transmission, utilizing high-volume silicon process technology [2] - The MAOM-025408 driver offers over 120 GHz of RF bandwidth, high gain, and excellent linearity, making it suitable for silicon photonics modulators targeting 300G and 400G PAM4 transmission [3] - The MAOM-022404 driver also delivers over 120 GHz of RF bandwidth, high gain, and low power consumption, ideal for differential EML and TFLN modulators [4] Manufacturing and Integration - Both drivers are available as wire-bondable die or bumped die for compact flip-chip packaging, facilitating high-volume manufacturing and simpler integration without the need for external components [5] - The drivers are showcased at OFC 2026 in Los Angeles, CA, from March 17 to 19, 2026 [5] Company Overview - MACOM designs and manufactures semiconductor products for telecommunications, industrial, defense, and data center applications, with headquarters in Lowell, Massachusetts [6]

LOWELL, Mass., March 16, 2026 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of semiconductor products, today announced the availability of its latest copper connectivity solution – the MACD-41804 Cable Driver with Equalizer, designed to enable low power, high density copper interconnects for next generation scale-up applications. MACOM’s line of cable drivers and equalizers presents a compelling alternative to retimed architectures, offering significant advantages, includ ...

Core Insights - MACOM Technology Solutions Inc. has announced the industry's first PCIe 7.0-optimized linear equalizer and cross-point switch devices, enhancing its portfolio for both optical and copper interconnects [1][2] - The new devices, MAEQ-39964 and MAEQ-39966, are optimized for 128 GT/s operation and support next-generation protocols including PCIe 7.0, PCIe 6.0, and CXL, which will enable longer reach and higher performance for copper-based interconnects [1][2] Product Details - The MAEQ-39964 is a four-channel linear equalizer that supports data rates from 2.5 NRZ to 128 Gbps PAM4, specifically designed for Active Copper Cables (ACCs) [3] - The MAEQ-39966 is also a four-channel linear equalizer with integrated 2×2 switching, suitable for system and server applications, supporting the same data rates [4] - Both new PCIe 7.0 equalizer solutions are available in a 91-pin BGA package and will be showcased at OFC 2026 in Los Angeles from March 17 to 19, 2026 [4] Market Application - These equalizers are designed to meet the signal integrity performance requirements of emerging PCIe 7.0 systems, extending the reach of passive copper cables while maintaining full protocol transparency [2] - They are particularly well-suited for applications in data centers, high-performance test and measurement equipment, as well as server and storage systems [2]

Core Insights - MACOM Technology Solutions Inc. will participate in OFC 2026, showcasing its semiconductor products for AI, cloud infrastructure, and access networks [1] Event Details - OFC 2026 will be held from March 17 to March 19, 2026, at the Los Angeles Convention Center, with specific hours for each day [4] - MACOM will exhibit at Booth 1227, where technical staff will be available to discuss application requirements and system architectures [2][3] Product Demonstrations - MACOM will demonstrate a range of solutions including: - 3.2 Terabit Optical Transmit Solutions for 400G per lane PAM transmission over single mode fiber [6] - 1.6 Terabit Solutions featuring a 200G per lane ecosystem with retimed optics and low power Active Copper Cable [6] - PCIe 6.0 and 7.0 Solutions aimed at higher data throughput and lower latency [6] - 800G LR2 Module showcasing ultra-low power Coherent Lite solutions [6] - Continuous Wave Laser technology advancements for 800G and 1.6 Terabit Modules [6] - Onboard Equalization technology to improve signal integrity for high-speed signals [6] - A variety of optical components for applications outside of data centers, including automotive and robotics [6] Company Overview - MACOM designs and manufactures semiconductor products for telecommunications, industrial, defense, and data center applications, with a global presence [5]

Core Insights - Artisan Mid Cap Fund's fourth-quarter 2025 performance showed a decline, with Investor Class at -0.44%, Advisor Class at -0.37%, and Institutional Class at -0.35%, compared to -3.70% for the Russell Midcap® Growth Index, despite strong gains in US equities [1] Group 1: Fund Performance - The Fund seeks investments in companies with franchise characteristics, strong earnings trajectories, and trading at a discount to estimated private market value [1] - Continued strength in information technology and health care sectors contributed positively to the Fund's performance during the quarter [1] Group 2: MACOM Technology Solutions Holdings, Inc. - MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) is highlighted as a key stock, with a market capitalization of $18.418 billion and a one-month return of 12.17%, while shares increased by 105.86% over the past twelve months [2] - The company reported in-line results and a stronger-than-expected Q1 outlook, with improvements in gross margins and strong bookings driven by demand in data infrastructure and satellite communications [3] - The Fund trimmed its position in MACOM in line with valuation discipline, despite recognizing its potential [3] Group 3: Hedge Fund Interest - MACOM Technology Solutions Holdings, Inc. was held by 34 hedge fund portfolios at the end of the fourth quarter, a slight decrease from 35 in the previous quarter [4] - The company is not among the 30 most popular stocks among hedge funds, with some analysts suggesting that certain AI stocks may offer greater upside potential with less downside risk [4]

Core Insights - The Active Copper Cable Multi-Source Agreement (ACC-MSA) has been established to enhance interoperability and innovation in next-generation copper interconnect solutions [1][5] - The consortium aims to address key industry challenges by reducing power, cost, and latency while improving performance for high-speed copper interconnects [1][5] Group 1: Consortium Formation - Thirteen global leaders in networking, semiconductors, and cabling have formed the ACC-MSA, co-chaired by MACOM and Semtech [2] - Founding members include major companies such as AMD, Cisco, Dell Technologies, NVIDIA, and others [2] Group 2: Technical Focus - The initial focus of the ACC-MSA is on optimized copper interconnects featuring integrated linear equalizers [3] - Specifications will cover electrical, firmware, and testing requirements to ensure interoperability among various vendors [3] Group 3: Industry Impact - The integration of linear equalizers is expected to extend the reach of copper cabling, reduce thickness, and lower power consumption and latency compared to traditional DSP-based solutions [4] - AI hardware infrastructure spending is projected to exceed $1 trillion by 2029, with networking infrastructure nearing $200 billion, highlighting the importance of ACCs in future deployments [4]

Group 1: Company Performance - MACOM Technology Solutions reported revenue of $271.6 million for FQ1 2026, marking a 24.5% year-over-year increase, with adjusted EPS at $1.02 [1] - The Industrial & Defense and Data Center markets achieved record revenue levels of $117.7 million and $85.8 million, respectively [1] Group 2: Growth Outlook - The Data Center segment prompted management to raise its full-year growth outlook from 20% to a range of 35% to 40%, driven by the transition to 1.6T optical products and demand for 800G analog solutions [2] - For FQ2, the company has guided for continued revenue growth, projecting revenues between $281 million and $289 million [3] Group 3: Market Position and Challenges - MACOM provides analog semiconductor solutions for wireless and wireline applications across various frequency spectrums [4] - The company faces challenges, including a flat outlook for the broader telecom market and production delays on a $55 million satellite contract due to customer-driven system changes [3]

Core Insights - The fourth-quarter investor letter from Aristotle Capital Boston, LLC indicates that U.S. small-cap equities experienced modest gains, with the Aristotle Small Cap Equity Fund returning 1.96% in Q4 2025, slightly trailing the Russell 2000 Index's return of 2.19% [1] Company Performance - MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) was highlighted as a leading contributor to the fund's performance, with a stock price of $244.16 per share as of February 13, 2026 [2] - The one-month return for MACOM Technology Solutions was 10.64%, and the stock has increased by 98.31% over the past twelve months, with a market capitalization of $18.315 billion [2] - The company reported $271.6 million in revenue for the first quarter of fiscal 2026, marking a 24.5% year-over-year increase [4] Investment Rationale - The fund maintains its position in MACOM Technology Solutions due to the company's strong quarterly results that exceeded analyst expectations and its exposure to growing demand in Data Center and 5G applications [3] - The integration of recent acquisitions and a domestic manufacturing footprint are expected to drive shareholder value for MACOM Technology Solutions [3]

Summary of Conference Call Notes on US Semiconductors Industry Overview - The analog semiconductor sector is experiencing a recovery, with estimates increasing by 2% for CY26 and CY27E [1][25] - Industrial and data center segments are leading the recovery, while the automotive sector is lagging [1] - Key indicators such as bookings, backlog, and lead times are showing positive trends across suppliers [1] - The macroeconomic environment for industrial sectors is improving, with US PMIs at 52.6 in January [1] Sales and Earnings Growth - Sales for analog semiconductors are projected to grow at a median CAGR of 10% from CY25 to CY28E, significantly higher than previous periods [2] - EPS is expected to grow at a CAGR of 32% for CY25-28E, driven by improved gross margins and operational discipline [2] - Notable growth leaders include MCHP and ADI, while automotive semiconductors are trailing with less than 10% CAGR [2] Company-Specific Insights NXP Semiconductors (NXPI) - NXPI is optimistic about channel replenishment and aims for ~$15.5 billion in sales for CY27, which is 4% above market expectations [3] - The company is focused on software-defined vehicles (SDV) and advanced driver-assistance systems (ADAS) [3][15] - NXPI has strong design-win visibility, particularly in core electronics and infotainment systems [15] Microchip Technology (MCHP) - MCHP is experiencing normalization in distribution sell-in/sell-through, although direct customer trends are softer [3] - The company is seeing growth in data center and aerospace & defense (A&D) sectors, which are contributing to long-term growth [3][20] - MCHP's growth is primarily content-based, with no significant production growth expected [20] Investment Recommendations - Top picks include ADI for large caps and MTSI for small to mid-caps due to their strong margins and growth potential [4] - NXPI is favored for its consistent execution and attractive valuation, while ON is rated neutral due to challenges in the EV/auto market [4] - TXN's acquisition of Silicon Laboratories (SLAB) is seen as a strategic move to enhance its wireless connectivity portfolio [7] Acquisition Insights - TXN announced the acquisition of SLAB for $7.5 billion, expected to close in 1H27 [7] - The deal is anticipated to generate over $450 million in cost synergies within three years [7][9] - TXN's internal utilization and growth in the embedded market are expected to improve post-acquisition [8] Financial Projections - TXN's pro forma financials suggest EPS accretion of 2.5% in CY27 and 5% in CY28, with potential for further gains from revenue synergies [9][10] - The overall industry is seeing a return to historical median valuations, with CY27 PEs aligning closer to historical averages [4] Additional Considerations - The semiconductor industry is witnessing consolidation, which may lead to improved operational efficiencies [7] - There are concerns regarding auto input cost inflation and its impact on gross margins, particularly for NXPI [13][15] - The competitive landscape in the automotive sector is evolving, with local vendors gaining traction in China [15] This summary encapsulates the key points from the conference call notes, highlighting the current state and future outlook of the semiconductor industry, along with specific insights into leading companies and investment opportunities.