---
title: "Microchip Technology Inc. Stock Outperforms Competitors Despite Losses On The Day"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296828078.md"
description: "Microchip Technology Inc. (MCHP) shares fell 1.87% to $74.21 on Monday, underperforming the Dow Jones but outperforming competitors AMD, Applied Materials, and Analog Devices, which all saw larger declines. The stock remains 29.93% below its 52-week high of $105.91. Trading volume was lower than the 50-day average."
datetime: "2026-08-24T20:53:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296828078.md)
  - [en](https://longbridge.com/en/news/296828078.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296828078.md)
generator: "portal-rs"
---

# Microchip Technology Inc. Stock Outperforms Competitors Despite Losses On The Day

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

Shares of Microchip Technology Inc. (MCHP) slid 1.87% to $74.21 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.26% to 53,417.16 and the S&P 500 Index falling 0.28% to 7,652.86.

Microchip Technology Inc. closed 29.93% 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 Monday, as Advanced Micro Devices Inc. (AMD) fell 3.49% to $456.75, Applied Materials Inc. (AMAT) fell 1.65% to $484.19, and Analog Devices Inc. (ADI) fell 0.51% to $371.17.

Trading volume (9.6 M) remained 1.8 million below its 50-day average volume of 11.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 24, 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

08-24-26 1653ET

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