On July 30, MACOM Technology Solutions Holdings, Inc. rose 9.4% in regular trading, trading at $250.08/share, with turnover of $39.64 million. The stock had declined approximately 10% over the prior two trading days before rebounding sharply.
On the news front, the company is scheduled to report earnings on August 6. Market consensus expects quarterly revenue of $335 million, representing 33.05% year-over-year growth; adjusted EPS of $1.35, up 49.52% year-over-year; and EBIT growth of 62.03% year-over-year. AI-related demand driving data center business growth and profit margin expansion remain key market focal points.
Additionally, the broader semiconductor sector staged a significant rebound, with Micron Technology up 12.82%, Advanced Micro Devices up 12.86%, Intel up 12.16%, and SK hynix up 11.81%. The combination of robust earnings expectations and a sector-wide systematic recovery jointly propelled the stock higher during the session.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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