---
title: "Microchip Technology Inc. Stock Outperforms Competitors On Strong Trading Day"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297829867.md"
description: "Microchip Technology Inc. (MCHP) shares rose 1.89% to $72.76, outperforming competitors like AMD and Applied Materials on a strong trading day. The S&P 500 and Dow Jones also gained. MCHP remains 31.30% below its 52-week high of $105.91. Trading volume was lower than the 50-day average."
datetime: "2026-09-02T20:53:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297829867.md)
  - [en](https://longbridge.com/en/news/297829867.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297829867.md)
generator: "portal-rs"
---

# 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) rose 1.89% to $72.76 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.46% to 7,666.60 and the Dow Jones Industrial Average rising 0.56% to 53,061.95.

Microchip Technology Inc. closed 31.30% short of its 52-week high of $105.91, which the company achieved on May 8th.

The stock outperformed some of its competitors Wednesday, as Advanced Micro Devices Inc. (AMD) fell 0.55% to $457.06, Applied Materials Inc. (AMAT) fell 0.77% to $438.46, and Analog Devices Inc. (ADI) rose 0.34% to $355.71.

Trading volume (5.8 M) remained 5.2 million below its 50-day average volume of 11.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled September 2, 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

09-02-26 1653ET

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- [MCHPP.US](https://longbridge.com/en/quote/MCHPP.US.md)

## Related News & Research

- [Microchip files Form 3 for Sr. Corp VP Stephanus Duvenhage](https://longbridge.com/en/news/297370544.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)
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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**