This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Microchip Technology Inc. slipped 5.2% to $56.28 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.1% to 6,728.80 and the Dow Jones Industrial Average rising 0.2% to 46,987.10.
This was the stock's second consecutive day of losses.
Microchip Technology Inc. closed 27.1% short of its 52-week high of $77.20, which the company reached on July 10th.
The stock underperformed when compared to some of its peers, as Advanced Micro Devices Inc. fell 1.8% to $233.54, Applied Materials Inc. fell 1.5% to $230.07, and Analog Devices Inc. fell 1.89% to $228.48.
Trading volume totaled 18.8 million, compared to the 50-day average of 7.3 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
November 07, 2025 16:34 ET (21:34 GMT)
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