Data center and 5G demand seen as upside drivers for MTSI
A hedge fund initiated positions in IPG Photonics and UMB Financial and exited Americold Realty Trust, Byline Bancorp, and Verra Mobility, while management stayed constructive on U.S. small-cap valuations. In its Q2 2026 letter, Aristotle Small Cap Equity Fund highlighted MACOM Technology Solutions (MTSI). MTSI shares fell about 5.87% over one month, and closed around $269.98 with roughly $20.40B market cap on Aug. 19, 2026.