Microchip Technology (MCHP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this chipmaker have returned +2.7% over the past month versus the Zacks S&P 500 composite's +1.5% change. The Zacks Semiconductor - Analog and Mixed industry, to which Microchip Tech belongs, has lost 4.4% over this period. Now the key question is: Where could the stock be headed in the near term?Whil ...

CHANDLER, Ariz., April 02, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that its Board of Directors has appointed Rich Simoncic as Chief Operating Officer effective today. In this position, Mr. Simoncic will report to Ganesh Moorthy, who will remain President and CEO. Rich Simoncic joined Microchip as a new college graduate in 1989 and has had progressively increasing product develop ...

CHANDLER, Ariz., April 02, 2024 (GLOBE NEWSWIRE) -- As the world comes to rely on interconnected IoT systems—for everything from household items like smart thermostats, virtual assistant technology and digital door locks to medical and industrial applications—the need for reliable cybersecurity on embedded systems has never been greater. To increase security on IoT products and facilitate easier setup and management, Microchip Technology (NASDAQ:MCHP) has added the ECC608 TrustMANAGER with Kudelski IoT keyS ...

CHANDLER, Ariz., March 21, 2024 (GLOBE NEWSWIRE) -- As major charger manufacturers, including those in the automotive industry, are working to implement Qi® v2.0 (Qi2) standards, Microchip Technology (NASDAQ:MCHP) has released a Qi 2.0 dual-pad wireless power transmitter reference design. Powered by a single dsPIC33 Digital Signal Controller (DSC), the Qi2 reference design offers efficient control for optimized performance. A key feature of the new Qi2 standard, recently released by the Wireless Power Conso ...

Microchip Technology (MCHP) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this chipmaker have returned +5.9%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Semiconductor - Analog and Mixed industry, which Microchip Tech falls in, has gained 0.1%. The key question now is: What could be the stock's future dir ...

The most recent trading session ended with Microchip Technology (MCHP) standing at $88.08, reflecting a -0.63% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.63%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.82%.Prior to today's trading, shares of the chipmaker had gained 8.61% over the past month. This has outpaced the Computer and Technology sector's gain of 1.16% and the S&P 500's gain of 1.76% in that time.A ...

blackdovfx In our previous review of Microchip Technology Incorporated (NASDAQ:MCHP), we focused on the company's consistent growth in product segments. We observed that while Microchip boasted an extensive range of over 25,000 products in its MCU segment, it faced challenges in performance compared to industry peers such as Texas Instruments (TXN) and NXP (NXPI). In the analog market, Microchip ranked third in product breadth but struggled to compete with market leaders like TI and ADI (ADI), holding o ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Microchip Technology (MCHP) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Microchip Tech currently has an average brokerage r ...

The most recent trading session ended with Microchip Technology (MCHP) standing at $90.57, reflecting a +1.95% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.11%. On the other hand, the Dow registered a gain of 0.12%, and the technology-centric Nasdaq decreased by 0.41%.The chipmaker's stock has climbed by 3.98% in the past month, exceeding the Computer and Technology sector's gain of 1.42% and the S&P 500's gain of 2.7%.The investment community will be clos ...

Microchip Technology (MCHP) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this chipmaker have returned +2.9%, compared to the Zacks S&P 500 composite's +2.9% change. During this period, the Zacks Semiconductor - Analog and Mixed industry, which Microchip Tech falls in, has gained 4.1%. The key question now is: What could be the stock's future dir ...