BMO Capital Upgrades MACOM Technology as AI Data Center Revenue Surges 81%

Key Facts

1BMO Capital upgraded MACOM Technology Solutions from Market Perform to Outperform.

2The company achieved an 81% year-over-year increase in data center revenue during the third fiscal quarter of 2026.

3The company introduced new 3.2T chipset solutions designed to accelerate AI infrastructure and cloud data centers.

Amid the global race to expand cloud computing infrastructure, the semiconductor sector remains a pivotal driver of technological transformation. BMO Capital has upgraded MACOM Technology Solutions (MTSI) from Market Perform to Outperform, citing the company's robust financial trajectory. According to analyst reports, the firm achieved a significant 81% year-over-year increase in data center revenue during the third fiscal quarter of 2026, highlighting strong market penetration.

The upgrade is further supported by the introduction of new 3.2T chipset solutions, specifically engineered to accelerate optical interconnects within AI infrastructure and cloud data centers. Per market data, the company's market capitalization stands at approximately $20.08 billion. These technological advancements address the critical industry demand for higher bandwidth and power efficiency in high-speed data transmission environments.

At the close of September 17, 2026, MTSI was priced at $263.14, having reached a day high of $271.27. Investors are monitoring these levels for technical stability, while looking ahead to broader economic catalysts such as the NY Empire State Manufacturing Index, which serves as a key indicator for the industrial and technology sectors.