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This semiconductor stock is in the dumps. BMO says it can bounce back

Summary by CNBC
Macom will gain ground as hyperscalers, cloud service providers and others allocate funds toward AI compute, per BMO.

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Macom Technology Solutions upgraded by BMO, targets $335 per share

MACOM's upgrade highlights potential growth in AI and defense sectors, emphasizing the importance of strategic positioning amid market volatility.

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CNBC broke the news in Englewood Cliffs, United States on Friday, September 18, 2026.
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