---
title: "Microchip Technology Inc. Stock Underperforms Thursday When Compared To Competitors"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296535382.md"
description: "Microchip Technology Inc. (MCHP) shares fell 1.65% to $75.81 on Thursday, underperforming competitors like AMD and Applied Materials during a broad market decline. This marks the stock's third consecutive day of losses, leaving it 28.42% below its 52-week high. Trading volume was notably lower than the 50-day average."
datetime: "2026-08-20T20:53:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296535382.md)
  - [en](https://longbridge.com/en/news/296535382.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296535382.md)
generator: "portal-rs"
---

# Microchip Technology Inc. Stock Underperforms Thursday When Compared To Competitors

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

Shares of Microchip Technology Inc. (MCHP) slid 1.65% to $75.81 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.87% to 7,641.16 and Dow Jones Industrial Average falling 1.32% to 52,759.21.

This was the stock's third consecutive day of losses.

Microchip Technology Inc. closed 28.42% short of its 52-week high of $105.91, which the company achieved on May 8th.

The stock underperformed when compared to some of its competitors Thursday, as Advanced Micro Devices Inc. (AMD) rose 0.65% to $469.46, Applied Materials Inc. (AMAT) rose 0.11% to $496.21, and Analog Devices Inc. (ADI) fell 0.81% to $370.24.

Trading volume (6.5 M) remained 5.3 million below its 50-day average volume of 11.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 20, 2026.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

08-20-26 1653ET

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## Related News & Research

- [Microchip Technology Incorporated $MCHP Position Increased by Concurrent Investment Advisors LLC](https://longbridge.com/en/news/298127000.md)
- [Microchip's data center revenue grew 98% last quarter. Here's why it's guiding to $1 billion for the year](https://longbridge.com/en/news/295387698.md)
- [Microchip files Form 3 for Sr. Corp VP Stephanus Duvenhage](https://longbridge.com/en/news/297370544.md)
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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**