Microchip Technology Inc. Stock Advances 3.5%, Outperforms Market
Dow Jones2026/09/18 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Microchip Technology Inc. rose 3.5% to $73.27 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,650.50 and the Dow Jones Industrial Average falling 0.2% to 51,682.64.
This was the stock's second consecutive day of gains.
Microchip Technology Inc. closed 30.8% short of 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 peers, as Advanced Micro Devices Inc. rose 2.7% to $559.82, Applied Materials Inc. rose 6.5% to $444.57, and Analog Devices Inc. rose 3.60% to $375.72.
Trading volume totaled 15.3 million, compared to the 50-day average of 9.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 18, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japan’s Takaichi to review policies, revenue and spending if rate shifts differ from expectations
Who is dominating the AI hardware sector
2.0%: Germany's Industrial Production rises faster-than-expected in August
Middle Eastern oil flow restored to about 80% of pre-war levels; Shell CEO Sawan says energy security is the cornerstone of national security.
According to reports, Shell (SHEL.US) CEO Wael Sawan said on Tuesday that Middle East oil flows have recovered to about 80% of pre-war levels.
Crypto prices
More
