DJ Microchip Technology Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Microchip Technology Inc. (MCHP) rose 1.82% to $64.43 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.83% to 6,502.08 and the Dow Jones Industrial Average rising 0.77% to 45,621.29.
The stock's rise snapped a seven-day losing streak.
Microchip Technology Inc. closed 21.08% short of its 52-week high of $81.64, which the company reached on September 27th.
The stock outperformed some of its competitors Thursday, as Advanced Micro Devices Inc. $(AMD)$ fell 0.21% to $161.79, Applied Materials Inc. (AMAT) rose 1.27% to $158.24, and Analog Devices Inc. $(ADI)$ rose 0.64% to $246.11.
Trading volume (11.1 M) eclipsed its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 4, 2025.
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September 04, 2025 16:57 ET (20:57 GMT)
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