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MCHP has been in the news 750% more than usual

Jan 06, 2026, 3:31 PM
4.74%
What does MCHP do
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: In the last three months, 13 analysts have provided mixed ratings on Microchip Technology (NASDAQ:MCHP), reflecting varying opinions about the company's performance. The stock price increased after Microchip projected that its fiscal third-quarter revenue would surpass previous expectations, coinciding with a positive movement in the broader U.S. stock market.
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