Microchip Technology Inc. Stock Climbs 5.4%, Outperforms Peers

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

Shares of Microchip Technology Inc. rose 5.4% to $78.69 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.5% to 7,743.41 and the Dow Jones Industrial Average rising 0.9% to 51,828.62.

The stock's rise snapped a two-day losing streak.

Microchip Technology Inc. closed 25.7% below its 52-week high of $105.91, which the company achieved on May 8th.

The stock outperformed some of its peers, as Advanced Micro Devices Inc. rose 0.2% to $630.63, Applied Materials Inc. rose 2.3% to $485.00, and Analog Devices Inc. rose 2.87% to $393.60.

Trading volume totaled 8.9 million, compared to the 50-day average of 9.6 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

September 25, 2026 16:33 ET (20:33 GMT)