MCHP Stock Summary and Trading Ideas (Microchip Technology | NASDAQ:MCHP)

Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.

Microchip Technology trades on the NASDAQ stock market under the symbol MCHP.

As of December 10, 2025, MCHP stock price declined to $66.45 with 70,597 million shares trading.

MCHP has a beta of 2.15, meaning it tends to be more sensitive to market movements. MCHP has a correlation of 0.39 to the broad based SPY ETF.

MCHP has a market cap of $35.84 billion. This is considered a Large Cap stock.

Last quarter Microchip Technology reported $1 billion in Revenue and $.35 earnings per share. This beat revenue expectation by $8 million and exceeded earnings estimates by $.04.

In the last 3 years, MCHP traded as high as $100.57 and as low as $34.13.

The top ETF exchange traded funds that MCHP belongs to (by Net Assets): VTI, VOO, QQQ, VO, SOXX.

MCHP has underperformed the market in the last year with a return of +10.3%, while the SPY ETF gained +14.0%. In the last 3 month period, MCHP fell short of the market, returning +3.3%, while SPY returned +5.2%. However, in the most recent 2 weeks MCHP has outperformed the stock market by returning +28.2%, while SPY returned +1.1%.

MCHP support price is $64.88 and resistance is $68.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MCHP shares will trade within this expected range on the day.