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MCHP
MICROCHIP TECHNOLOGY INC
Information Technology · Semiconductors
$63.27
-2.19%
Vol: 0.1M
Araverus Market Read
Thursday, March 19, 2026
Microchip Technology surges 11.65% as product expansion drives semiconductor strength
Microchip Technology exploded 11.65% to close $74.87 with additional pre-market gain at $74.68, reflecting new product momentum including LX4580 24-channel mixed-signal IC launch March 5. Trust Platform expanded with two new security products while Mythic licensed neuromorphic IP for ultra-low-power designs positioning growth. 22 analysts recommend Buy with $85.59 average target representing 14.2% upside.
Price 50d 200d
Previous Market Reads
2 of 2 daysSector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| NVDANVIDIA | $178.50 | -1.18% | -3.5% | 16.1x | 2.38 | $4.34T |
| AAPLAPPLE | $248.91 | -0.51% | -5.7% | 26.7x | 1.12 | $3.66T |
| MSFTMICROSOFT | $389.28 | -0.64% | -1.8% | 20.6x | 1.11 | $2.89T |
| AVGOBROADCOM | $319.77 | +1.12% | -3.8% | 18.1x | 1.26 | $1.52T |
| MUMICRON | $444.60 | -3.71% | +11.1% | 4.7x | 1.54 | $500.0B |
| ORCLORACLE | $155.66 | +1.81% | +1.0% | 19.5x | 1.65 | $447.3B |
| PLTRPALANTIR | $155.70 | +1.88% | +17.0% | 83.4x | 1.74 | $372.3B |
| AMDADVANCED | $205.36 | +2.96% | +1.1% | 19.1x | 2.02 | $334.7B |
| CSCOCISCO | $78.50 | +1.06% | +2.2% | 17.4x | 0.83 | $310.2B |
Fundamentals
Market Cap$34.2B
P/E (TTM)—
Forward P/E23.8
Beta1.45
Div Yield281.00%
Prev Close$64.68
RSI (14-Day)
20Oversold
0305070100
52-Week Range
$34.13$63.27$83.35
From High-24.1%
From Low+85.4%
Moving Averages
50d SMA
$73.15-13.5%
200d SMA
$66.44-4.8%
Price below 200d MA — bearish structure.
Returns
1W
+0.8%
1M
-19.6%
3M
-3.4%
6M
-2.4%
1Y
+20.2%
YTD
-2.1%
Volume
Today108K
20d Avg8.3M
Ratio0.01x