Potential to emerge as a renowned player
Headed by a long-term industry veteran and run by an experienced management team, MACOM Technology Solutions (MTSI) is an emerging name in designing and manufacturing semiconductor products. MACOM's products primarily target data center, telecommunication and industrial and defense applications. The company boasts a track record of 65 years in its arena and offers foundry services for customers. Recently, the firm has lowered its Q3 guidance to reflect the impact of discontinued shipments to Huawei Technologies and, as a result, took a little hit on its stock