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MACOM Technology Solutions Holdings (MTSI) Stock News, Aug 27, 2020

MTSI NASDAQ

MACOM Technology Solutions Holdings, Inc. reports developments tied to its high-performance semiconductor business for Industrial and Defense, Data Center and Telecommunications markets. The company designs and manufactures RF, microwave, analog and mixed-signal, and optical semiconductor technologies used by original equipment manufacturers and distributors.

Recurring news includes quarterly and annual financial results, GAAP and non-GAAP performance measures, and product announcements across optical transceivers, copper interconnects, linear equalizers, cable drivers, modulator drivers and satellite communications solutions. Company updates also cover technology demonstrations, manufacturing capabilities and quality certifications for automotive, aerospace, international quality and environmental management standards.

Rhea-AI Summary

RENEW Energy Partners has formed an agreement with MACOM Technology Solutions (MTSI) to implement a Microgrid-as-a-Service program, enhancing energy efficiency and helping reduce carbon emissions by 1869 metric tons annually. This initiative, set to be operational in late 2021, allows clients to meet sustainability goals with reduced financial burden, as RENEW covers all capital investments. The program aims to increase energy resilience and decrease operating expenses for commercial and industrial customers.

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FAQ

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

MACOM Technology Solutions Holdings (MTSI) last closed at $226.48.

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

The market cap of MACOM Technology Solutions Holdings (MTSI) is approximately $17.3B.