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MACOM Technology Solutions Holdings, Inc - MTSI STOCK NEWS

Welcome to our dedicated page for MACOM Technology Solutions Holdings news (Ticker: MTSI), a resource for investors and traders seeking the latest updates and insights on MACOM Technology Solutions Holdings stock.

MACOM Technology Solutions Holdings, Inc. (symbol: MTSI) is a leading provider of analog, digital, and mixed-signal semiconductor solutions. The company's innovative products are essential components in a wide range of systems, spanning industrial, medical, scientific, and test and measurement markets. MACOM's portfolio includes integrated circuits, multichip modules, power pallets, transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems.

Headquartered in Lowell, Massachusetts, MACOM is at the forefront of technology that powers modern communications infrastructure. The company's breakthroughs in semiconductor technologies cater to optical, wireless, and satellite networks, helping to meet the global demand for information. MACOM's solutions increase mobile internet speed and coverage, and enable fiber optic networks to handle enormous volumes of data for businesses, homes, and data centers.

MACOM's technology also plays a crucial role in safety and security. Their next-generation radar systems are used in air traffic control and weather forecasting, and their advanced solutions support mission success on modern, networked battlefields. The company's high-performance products make it a trusted partner for leading communications infrastructure providers worldwide.

Financially, MACOM has shown robust growth and profitability, with a significant portion of its revenue generated from the United States, China, Taiwan, and various other countries. The company continues to expand its reach and capabilities through strategic partnerships and continuous innovation.

Recent Achievements and Projects:

  • Development of advanced semiconductor solutions for 5G networks.
  • Expansion of product lines to include more high-performance analog and mixed-signal solutions.
  • Partnerships with leading technology companies to enhance product offerings and market reach.

MACOM Technology Solutions Holdings, Inc. remains a vital entity in the semiconductor industry, consistently pushing the boundaries of technology to create a better-connected and safer world.

Rhea-AI Summary
MACOM Technology Solutions Holdings, Inc. is set to acquire the RF Business of Wolfspeed, Inc. for $125 million, including $75 million cash paid at closing and $50 million of MACOM common stock issued with certain restrictions. The acquisition is expected to be immediately accretive to MACOM's non-GAAP earnings. The RF Business generated annualized revenues of approximately $150 million and serves leading aerospace, defense, industrial, and telecommunications customers. The acquisition includes a GaN wafer fabrication facility, design teams, product development assets, and intellectual property portfolio. Approximately 280 employees are expected to join MACOM at closing. The transaction is subject to closing conditions and is expected to occur in the second half of calendar year 2023.
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Wolfspeed to sell its radio frequency business to MACOM Technology Solutions for $75 million in cash and 711,528 shares of MACOM common stock. Wolfspeed will focus on U.S. capacity expansion for silicon carbide power device and materials businesses.
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MACOM Technology Solutions Holdings, Inc. (MTSI) announced its fiscal third quarter 2023 financial results, reporting a decrease in revenue to $148.5 million, a gross margin of 58.0%, and net income of $11.9 million. Adjusted results showed a gross margin of 60.1%, with adjusted net income of $38.5 million. The company expects revenue in the range of $148 million to $152 million for the fiscal fourth quarter ending September 29, 2023.
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MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) pays off $121 million in outstanding term loans, reducing net interest costs by approximately $0.6 million per quarter.
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MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) appoints Wayne Struble as Senior Vice President, Advanced Semiconductor Technology. Mr. Struble, an expert in RF, microwave, and millimeter wave IC design, brings 40 years of experience, 25 technical papers, and 50 patents to the role.
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MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) will release its Q3 fiscal year 2023 financial results on August 3, 2023. The announcement will be followed by a conference call hosted by President and CEO Mr. Stephen G. Daly and CFO Mr. John F. Kober. Interested parties can register for a user-specific access code for the live call on MACOM's Investor Relations Website. A replay of the call will be available within 24 hours and remain accessible for approximately 90 days.
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MACOM Technology Solutions Inc. (MTSI) awarded $4.0M contract by US Air Force Research Lab to develop advanced GaN-on-SiC semiconductor process technology for MMIC products
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FAQ

What is the current stock price of MACOM Technology Solutions Holdings (MTSI)?

The current stock price of MACOM Technology Solutions Holdings (MTSI) is $135.22 as of December 20, 2024.

What is the market cap of MACOM Technology Solutions Holdings (MTSI)?

The market cap of MACOM Technology Solutions Holdings (MTSI) is approximately 10.0B.

What does MACOM Technology Solutions Holdings, Inc. specialize in?

MACOM specializes in analog, digital, and mixed-signal semiconductor solutions for various markets including industrial, medical, scientific, and test and measurement.

Where is MACOM Technology Solutions Holdings, Inc. headquartered?

MACOM is headquartered in Lowell, Massachusetts.

What kind of products does MACOM offer?

MACOM offers integrated circuits, multichip modules, power pallets, transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems.

In which markets are MACOM's solutions used?

MACOM's solutions are used in industrial, medical, scientific, and test and measurement systems.

How does MACOM contribute to communication infrastructure?

MACOM's semiconductor technologies power optical, wireless, and satellite networks, increasing mobile internet speed and enabling high-volume data transmission.

What are some recent achievements of MACOM?

Recent achievements include advancements in 5G network technologies, expansion of high-performance analog and mixed-signal solutions, and strategic partnerships with major technology companies.

Why is MACOM considered a crucial player in safety and security technologies?

MACOM's next-generation radar systems are used in air traffic control and weather forecasting, and they provide advanced solutions for military operations on modern, networked battlefields.

How does MACOM generate its revenue?

MACOM generates revenue from a mix of domestic and international sales, with significant contributions from the United States, China, Taiwan, and other countries.

What role does MACOM play in the semiconductor industry?

MACOM is a leading innovator in the semiconductor industry, providing essential components and solutions that enhance communication and safety technologies globally.

Who are MACOM's main clients?

MACOM is the partner of choice for leading communications infrastructure providers worldwide.

MACOM Technology Solutions Holdings, Inc

Nasdaq:MTSI

MTSI Rankings

MTSI Stock Data

10.05B
59.30M
18.04%
88.3%
5.03%
Semiconductors
Semiconductors & Related Devices
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United States of America
LOWELL