Microchip Technology, headquartered in Chandler, Arizona, employs 22,300 people and serves 123,000 customers in various markets with semiconductor products and development tools. It operates globally through direct sales and distributors.
MCHP has been in the news recently: Alphabet's stock has risen 9% over the past nine days, potentially setting the stage for a record winning streak. In contrast, Microchip Technology (MCHP) has drawn bearish sentiment from financial giants, evidenced by 12 unusual options trades.
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