🟢 MACOM is trading 4.7% up today as chip stocks rebound from last week’s AI-driven selloff

MACOM is trading 4.7% up today at $280.51 as semiconductor stocks rebound from last week’s AI-driven selloff and dip buyers return to the space.

• The move is primarily sector-driven, with the stock climbing alongside a broader rally in the SOXX ETF as enthusiasm for AI infrastructure persists.
• Investors are showing renewed interest in analog and data-center exposed names ahead of key upcoming technology earnings reports.