NASDAQ:MCHP
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Nervous markets await NvidiaThis summary was created by AI, based on 1 opinions in the last 12 months.
Microchip Technology, established in 1989, has established itself as a leader in smart, connected control systems globally. The company specializes in microcontrollers and microprocessors and has a significant presence in four key sectors: automotive, industrial, edge AI, and AI infrastructure. Its innovative approach and diverse portfolio of technologies position Microchip favorably in a competitive market. Analysts are optimistic about its potential growth, reflected in a price target of $102.22, suggesting confidence in the company’s strategic direction and market demand for its products and services. As industries increasingly seek to implement intelligent solutions, Microchip is positioned to capitalize on the expanding opportunities in AI and industrial automation.
Microchip Technology is a American stock, trading under the symbol MCHP-Q on the NASDAQ (MCHP). It is usually referred to as NASDAQ:MCHP or MCHP-Q
In the last year, 1 stock analyst published opinions about MCHP-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Microchip Technology.
Microchip Technology was recommended as a Top Pick by on . Read the latest stock experts ratings for Microchip Technology.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Microchip Technology In the last year. It is a trending stock that is worth watching.
On 2025-06-24, Microchip Technology (MCHP-Q) stock closed at a price of $70.43.
They make analog and interface products, not sexy to the market, selling to cars and industrials. They bought a company to have a presence in AI. He sold this last fall.