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 4, 2025, MCHP stock price climbed to $64.72 with 10,050,614 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 0.44 to the broad based SPY ETF.

MCHP has a market cap of $34.91 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, VO, QQQ, SOXX.

MCHP has underperformed the market in the last year with a return of +1.8%, while the SPY ETF gained +14.5%. In the last 3 month period, MCHP fell short of the market, returning +3.0%, while SPY returned +6.6%. However, in the most recent 2 weeks MCHP has outperformed the stock market by returning +28.3%, while SPY returned +3.3%.

MCHP support price is $61.65 and resistance is $65.57 (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.