Microchip Technology Inc. Stock Advances 3.5%, Outperforms Market
Dow Jones2026/09/18 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Microchip Technology Inc. rose 3.5% to $73.27 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,650.50 and the Dow Jones Industrial Average falling 0.2% to 51,682.64.
This was the stock's second consecutive day of gains.
Microchip Technology Inc. closed 30.8% short of its 52-week high of $105.91, which the company reached on May 8th.
The stock demonstrated a mixed performance when compared to some of its peers, as Advanced Micro Devices Inc. rose 2.7% to $559.82, Applied Materials Inc. rose 6.5% to $444.57, and Analog Devices Inc. rose 3.60% to $375.72.
Trading volume totaled 15.3 million, compared to the 50-day average of 9.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 18, 2026 16:35 ET (20:35 GMT)
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