---
title: "Microchip Technology Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287404392.md"
description: "Microchip Technology Inc. (MCHP) shares rose 3.06% to $93.43 on Friday, underperforming compared to competitors like AMD, AMAT, and ADI. Despite the overall market gains, MCHP remains 11.78% below its 52-week high of $105.91. Trading volume was 8.7 million, below the 50-day average of 9.9 million."
datetime: "2026-05-22T20:51:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287404392.md)
  - [en](https://longbridge.com/en/news/287404392.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287404392.md)
---

# Microchip Technology Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains

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

Shares of Microchip Technology Inc. (MCHP) rallied 3.06% to $93.43 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.37% to 7,473.47 and the Dow Jones Industrial Average rising 0.58% to 50,579.70.

Microchip Technology Inc. closed 11.78% below its 52-week high of $105.91, which the company achieved on May 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Advanced Micro Devices Inc. (AMD) rose 3.99% to $467.51, Applied Materials Inc. (AMAT) rose 1.12% to $432.16, and Analog Devices Inc. (ADI) rose 3.35% to $397.07.

Trading volume (8.7 M) remained 1.2 million below its 50-day average volume of 9.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 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

05-22-26 1651ET

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