Description

MACOM Technology Solutions: Capitalizing on GaN, InP, and Lightwave Megatrends!

Raytheon Technologies Corporation, operating in a diverse set of markets, has demonstrated substantial financial results in their first fiscal quarter of 2026. Revenue reached $271.6 million, representing a sequential growth of 4% and a year-over-year increase of 24.5%. The strong performance across all three end markets—Industrial and Defense, Data Center, and Telecom—contributed to this growth. Specifically, revenue from the Data Center rose by approximately 8%, setting a record alongside the Industrial and Defense segment. CEO Stephen Daly conveyed confidence in Data Center revenue, anticipating a 35% to 40% year-over-year growth supported by robust hyperscaler investments. This optimism is attributed to the growing demand for 800G and 1.6T optical products and expanding product portfolios. Raytheon Technologies is focused on enhancing their Data Center offerings with new technologies such as NRZ, PAM4, and coherent modulations to maintain pace with industry trends.