MACOM Technologies (MTSI) hit a record high as investors pay closer attention to the company's ties to the Department of Defense amid a push for higher U.S. defense spending. Not only that, but George Tsilis notes MACOM's thematic ties to the AI trade adding to a bull case. As he explains, Monday's rally could be tied to MACOM nabbing a big name from Broadcom (AVGO) to its board of directors.
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