Aristotle Small Cap Equity Fund on MACOM Technology Solutions Holdings
Thesis
MACOM designs and manufactures high-performance semiconductor products serving data-center, industrial and defense, and telecom markets. Strong earnings and guidance reflected accelerating demand across these end markets. Aristotle maintains the position because growing data-center and 5G demand, recent acquisitions and MACOM's domestic manufacturing footprint are expected to continue supporting shareholder value.
“We maintain our position, as we believe the company’s meaningful exposure to growing demand from data center and 5G end-market applications should continue to drive shareholder value.”