Microchip Technology Inc. Stock Outperforms Competitors On Strong Trading Day
Dow Jones2025.12.04 21:58
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Microchip Technology Inc. (MCHP) stock rose 1.75% to $64.72, outperforming competitors in a mixed market session. The S&P 500 increased by 0.11%, while the Dow Jones fell by 0.07%. MCHP's trading volume was 12.3M, above its 50-day average of 8.2M. The stock remains 16.17% below its 52-week high of $77.20. Competitors AMD and ADI saw declines, while AMAT had a slight increase.
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Shares of Microchip Technology Inc. (MCHP) rallied 1.75% to $64.72 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.11% to 6,857.12 and the Dow Jones Industrial Average falling 0.07% to 47,850.94.
This was the stock's third consecutive day of gains.
Microchip Technology Inc. closed 16.17% below its 52-week high of $77.20, which the company achieved on July 10th.
The stock outperformed some of its competitors Thursday, as Advanced Micro Devices Inc. (AMD) fell 0.74% to $215.98, Applied Materials Inc. (AMAT) rose 0.30% to $269.44, and Analog Devices Inc. (ADI) fell 0.35% to $277.26.
Trading volume (12.3 M) eclipsed its 50-day average volume of 8.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 4, 2025.
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12-04-25 1658ET