Microchip Technology Inc. Stock Rallies 1.9%, Outperforms Peers

Dow Jones
2025/11/29

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Microchip Technology Inc. rallied 1.9% to $53.58 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.5% to 6,849.09 and the Dow Jones Industrial Average rising 0.6% to 47,716.42.

This was the stock's fifth consecutive day of gains.

Microchip Technology Inc. closed 30.6% below its 52-week high of $77.20, which the company reached on July 10th.

The stock demonstrated a mixed performance when compared to some of its peers, as Advanced Micro Devices Inc. rose 1.5% to $217.53, Applied Materials Inc. rose 0.9% to $252.25, and Analog Devices Inc. rose 2.88% to $265.34.

Trading volume totaled 3.8 million, compared to the 50-day average of 8.0 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

November 28, 2025 16:35 ET (21:35 GMT)

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