This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Microchip Technology Inc. climbed 11.6% to $74.87 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 6,944.82 and the Dow Jones Industrial Average rising 1.0% to 49,462.08.
This was the stock's third consecutive day of gains.
Microchip Technology Inc. closed 3.0% short of its 52-week high of $77.20, which the company reached on July 10th.
The stock outperformed some of its peers, as Advanced Micro Devices Inc. fell 3.0% to $214.35, Applied Materials Inc. rose 4.1% to $296.01, and Analog Devices Inc. rose 5.64% to $292.94.
Trading volume totaled 18.5 million, compared to the 50-day average of 8.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
January 06, 2026 16:32 ET (21:32 GMT)
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