Microchip Technology Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones
Jun 21

DJ Microchip Technology Inc. Stock Outperforms Competitors On Strong Trading Day

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

Shares of Microchip Technology Inc. $(MCHP)$ advanced 1.40% to $68.97 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 42,206.82 and the S&P 500 Index falling 0.22% to 5,967.84.

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

Microchip Technology Inc. closed 28.88% below its 52-week high of $96.98, which the company achieved on July 17th.

The stock outperformed some of its competitors Friday, as Advanced Micro Devices Inc. $(AMD)$ rose 1.14% to $128.24, Applied Materials Inc. $(AMAT)$ fell 1.96% to $169.46, and Analog Devices Inc. $(ADI)$ fell 0.57% to $228.35.

Trading volume (19.1 M) eclipsed its 50-day average volume of 11.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 20, 2025.

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June 20, 2025 16:55 ET (20:55 GMT)

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