Markets ranging from the aerospace to medical to networking industries—including major manufacturers such as Huawei and Cisco—have made chipmaker Macom Technology Solutions the engine that drives their hardware. The Lowell, Mass., company provides chips for wireless, satellite, and fiber-optic networks. Macom also has ambitions to grow in a semiconductor market that is consolidating, with companies seeking to cut costs and diversify product lines. Last year it bought fellow chipmaker Applied Micro Circuits for about $770 million, signifying its interest in expanding into the data center connectivity business. Wall Street has high expectations: Macom’s stock tumbled in early August after it announced third-quarter sales that were up 37% over the previous year but below analysts’ estimates.
Semiconductors and Other Electronic Components
|Revenues ($M) (Past 12 Months)||$685|
|Profits ($M) (Past 12 Months)||$-154|
|Market Value as of Oct. 9, 2017 ($M)||$2,797|