The Latest Breaking News from Microchip Technology

Microchip Technology sees its Relative Strength Rating enter the 80-plus level.

Wireless-chip giant Qualcomm has joined the parade of chipmakers guiding below Wall Street's estimates for the March quarter.

Within the last quarter, Microchip Technology (NASDAQ:MCHP) has observed the following analyst ratings:

Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 20 years by 1.04% on an annualized basis producing an average annual return of 7.85%. Currently, Microchip Technology has a market capitalization of $33.39 billion.

Microchip Technology (NASDAQ:MCHP) has observed the following analyst ratings within the last quarter:

Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 10 years by 4.33% on an annualized basis producing an average annual return of 16.62%. Currently, Microchip Technology has a market capitalization of $39.73 billion.

Over the past 3 months, 4 analysts have published their opinion on Microchip Technology (NASDAQ:MCHP) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Microchip Technology late Monday beat Wall Street's targets for the March quarter and guided higher for the June quarter.

Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 10 years by 2.35% on an annualized basis producing an average annual return of 14.21%. Currently, Microchip Technology has a market capitalization of $37.12 billion.