This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Microchip Technology Inc. rallied 6.6% to $64.37 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.6% to 6,654.72 and the Dow Jones Industrial Average rising 1.3% to 46,067.58.
The stock's rise snapped a two-day losing streak.
Microchip Technology Inc. closed 19.0% below its 52-week high of $79.44, which the company reached on October 29th.
The stock outperformed some of its peers, as Advanced Micro Devices Inc. rose 0.7% to $216.38, Applied Materials Inc. rose 4.6% to $219.51, and Analog Devices Inc. rose 4.11% to $234.59.
Trading volume totaled 8.1 million, compared to the 50-day average of 8.1 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 13, 2025 16:34 ET (20:34 GMT)
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