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If You Invested $1000 In This Stock 15 Years Ago, You Would Have $3,000 Today

Microchip Technology MCHP Nasdaq

Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 15 years by 1.51% on an annualized basis producing an average annual return of 7.64%. Currently, Microchip Technology has a market capitalization of $31.64 billion.

Buying $1000 In MCHP: If an investor had bought $1000 of MCHP stock 15 years ago, it would be worth $3,031.88 today based on a price of $57.06 for MCHP at the time of writing.

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