India, Sept. 17 -- MACOM Technology Solutions Holdings, Inc. (MTSI) is up 5.37 percent, gaining $13.50 to $265.25 on Thursday. The move comes after the semiconductor company announced a front-end chipset solution for 3.2T applications designed to support next-generation optical interconnects for AI infrastructure, cloud data centres and high-speed networking.
MACOM Technology Solutions is currently trading at $265.25, up from the previous close of $251.75 after opening at $260.32 on the Nasdaq. The stock has traded between $259.47 and $271.23 during the session, with trading volume at 426,520 shares versus average volume of 1.55 million.
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