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]

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 Viewpoint - Tower Semiconductor is set to release its fourth quarter and fiscal year 2025 earnings on February 11, 2026, and will provide guidance for the first quarter of 2026 during a conference call [1]. Group 1: Earnings Release and Conference Call - The earnings release will occur on February 11, 2026, at 10:00 a.m. Eastern Time [1]. - A conference call will be held to discuss the financial results and guidance [1]. - The call will be accessible via webcast on the company's Investor Relations website [2]. Group 2: Company Overview - Tower Semiconductor is a leading foundry specializing in high-value analog semiconductor solutions [3]. - The company serves various growing markets, including consumer, industrial, automotive, mobile, infrastructure, medical, and aerospace and defense [3]. - Tower Semiconductor offers a range of customizable process platforms and design enablement services to its customers [3]. - The company operates multiple facilities in Israel, the U.S., Japan, and shares a facility in Italy, providing extensive manufacturing capacity [3].

Group 1 - Tower Semiconductor will participate in the 28th Annual Needham Growth Conference on January 13 and 14, 2026 [1] - The conference will be held at the Lotte New York Palace Hotel, providing opportunities for one-on-one meetings between investors and company representatives [2] - Tower Semiconductor is a leading foundry specializing in high-value analog semiconductor solutions, serving various growing markets including consumer, industrial, automotive, mobile, infrastructure, medical, and aerospace and defense [3] Group 2 - The company offers a wide range of customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensors, and MEMS [3] - Tower Semiconductor operates multiple facilities, including one in Israel and two in the U.S., as well as two in Japan, and has access to additional capacity through partnerships with other companies [3] - The company emphasizes long-term partnerships and aims to create a positive and sustainable impact through its advanced analog technology offerings [3]

Core Insights - The third-quarter 2025 investor letter from Aristotle Capital Boston, LLC indicates that U.S. small/mid-cap equities performed well, with the strategy returning 2.57% net of fees, underperforming the Russell 2500 Index's 9.00% total return [1] Company Summary: MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) - MACOM Technology Solutions Holdings, Inc. specializes in analog semiconductor solutions for both wireless and wireline applications, achieving a one-month return of 12.47% and a 52-week gain of 30.17% [2] - As of October 31, 2025, MACOM's stock closed at $148.13 per share, with a market capitalization of $11.031 billion [2] - Despite strong Q3 earnings, MACOM's stock declined due to a slight margin impact from a recent acquisition and a slower-than-expected recovery in the industrial market, which are viewed as short-term deviations from analyst forecasts [3] - The company maintains a positive outlook, citing significant demand from Data Center and 5G applications, along with the integration of recent acquisitions and a domestic manufacturing footprint as drivers for future shareholder value [3] Investment Sentiment - MACOM Technology Solutions Holdings, Inc. was held by 34 hedge fund portfolios at the end of Q2 2025, a decrease from 36 in the previous quarter, indicating a slight decline in popularity among hedge funds [4] - While MACOM is recognized for its potential, certain AI stocks are considered to offer greater upside potential with less downside risk, suggesting a competitive investment landscape [4]