DJ Microchip Technology Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Microchip Technology Inc. (MCHP) advanced 6.01% to $99.77 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.08% to 7,500.58 and the Dow Jones Industrial Average rising 0.14% to 51,564.70.
The stock's rise snapped a two-day losing streak.
Microchip Technology Inc. closed 5.80% below its 52-week high of $105.91, which the company reached on May 8th.
The stock outperformed some of its competitors Thursday, as Advanced Micro Devices Inc. $(AMD)$ rose 4.86% to $537.37, Applied Materials Inc. $(AMAT)$ rose 4.08% to $617.11, and Analog Devices Inc. $(ADI)$ rose 4.83% to $434.46.
Trading volume (15.3 M) eclipsed its 50-day average volume of 11.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 18, 2026.
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(END) Dow Jones Newswires
June 18, 2026 16:50 ET (20:50 GMT)
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