🔴 MACOM is trading 5.35% down today as AI spending concerns weigh on chip stocks

MACOM is trading 5.35% lower at $280.53, apparently amid a broad semiconductor selloff.

• No clear company-specific announcement surfaced.
• Hotter-than-expected September U.S. inflation renewed interest-rate worries; concerns about AI investment returns and higher borrowing costs also weighed on chip stocks.
• SOXX fell 3.68% during the regular session; the backdrop also included slowing revenue growth at Anthropic.