Chip Stocks Break Through Ceiling As Sector Rebounds. Macom Is A Standout. The Philadelphia semiconductor index, known as SOX, has been on a tear lately.
Beneath the surface, however, lies a more nuanced narrative playing out in the chip sector, one that speaks to its remarkable resilience in the face of shifting technological tides.
Macom Technology Solutions (MTSI) has recently received a buy rating boost, but what does it mean for the broader sector?