---
title: "Microchip Technology Inc. Stock Underperforms Thursday When Compared To Competitors"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295845860.md"
description: "Microchip Technology (MCHP) shares fell 2.20% to $77.69 on Thursday, underperforming the broader market as the S&P 500 and Dow Jones rose. This marks the fourth consecutive day of losses for MCHP, which is now 26.65% below its 52-week high. Trading volume was below average. While AMD rose slightly, competitors AMAT and ADI also declined."
datetime: "2026-08-13T20:53:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295845860.md)
  - [en](https://longbridge.com/en/news/295845860.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295845860.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) slipped 2.20% to $77.69 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.65% to 7,798.99 and the Dow Jones Industrial Average rising 0.13% to 53,839.99.

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

Microchip Technology Inc. closed 26.65% below its 52-week high of $105.91, which the company reached on May 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Advanced Micro Devices Inc. (AMD) rose 0.02% to $483.01, Applied Materials Inc. (AMAT) fell 2.48% to $534.54, and Analog Devices Inc. (ADI) fell 0.85% to $381.17.

Trading volume (7.3 M) remained 4.9 million below its 50-day average volume of 12.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 13, 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

08-13-26 1653ET

### Related Stocks

- [MCHP.US](https://longbridge.com/en/quote/MCHP.US.md)
- [MCHU.US](https://longbridge.com/en/quote/MCHU.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md)
- [AMD.US](https://longbridge.com/en/quote/AMD.US.md)
- [AMAT.US](https://longbridge.com/en/quote/AMAT.US.md)
- [ADI.US](https://longbridge.com/en/quote/ADI.US.md)
- [FDS.US](https://longbridge.com/en/quote/FDS.US.md)
- [MCHPP.US](https://longbridge.com/en/quote/MCHPP.US.md)

## Related News & Research

- [Microchip Technology Shareholders Approve Board, 12M-Share Equity Plan Expansion](https://longbridge.com/en/news/296294875.md)
- [Microchip CFO James Eric Bjornholt disposes of 1,791 common shares worth $143,729.66](https://longbridge.com/en/news/296400268.md)
- [Microchip holds annual shareholder meeting, backs 12 million-share increase to equity plan](https://longbridge.com/en/news/296390657.md)
- [Handelsbanken Fonder AB Purchases 39,412 Shares of Microchip Technology Incorporated $MCHP](https://longbridge.com/en/news/295771638.md)
- [German American Bancorp Inc. Purchases Shares of 8,240 Analog Devices, Inc. $ADI](https://longbridge.com/en/news/296074334.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**