An ALU is capable of generating a multiply accumulation by compressing like-magnitude partial products. Given N pairs of multiplier and multiplicand, Booth encoding is used to encode the multipliers into M digits, and M partial products are produced for each pair of with each partial product in a smaller precision than a final product. The partial products resulting from the same encoded multiplier digit position, are summed across all the multiplies to produce a summed partial product. In this manner, the partial product summation operations can be advantageously performed in the smaller precision. The M summed partial products are then summed together with an aggregated fixup vector for sign extension. If the N multipliers equal to a constant, a preliminary fixup vector can be generated based on a predetermined value with adjustment on particular bits, where the predetermined value is determined by the signs of the encoded multiplier digits.