MACOM is trading 10.1% down at $294.35 as broad semiconductor weakness pressures high-growth technology stocks.

  • The selloff intensified as the 30-year Treasury yield reached its highest level since 2007, raising valuation concerns for chip companies.
  • Higher oil prices and renewed U.S.-Iran tensions further reduced risk appetite; the Philadelphia Semiconductor Index fell more than 5%.
  • No fresh company-specific negative announcement was identified; MACOM appears to be moving with the wider sector retreat.