MCHP Microchip Technology Incorporated

Stock NASDAQ Technology

US$77.36 -4.66% Latest close

Trend channel, buy level and 3-month target. Information only, not financial advice.

At the channel floor ยท 12-month channel rising

Price is on the lower line, where it has held before.

12-month channel
US$71.86 โ€“ US$130.56 ยท rising, +33% a year
Price in channel
9.6% (0% = floor, 100% = ceiling)
Ceiling overhead
US$130.18
Turns bearish below
US$71.75

What broke this trend

The fall
-32% from US$102.1122 June 2026 โ†’ 16 Sept 2026
Whose problem it was
Its sector19 of 31 Semiconductors peers fell with it
Does it resolve?
Temporary falls like it have resolved on the record
Regained so far
35%of what it lost
What the record says
95% of 99 comparable falls came back, typically in 58 days measured on its own peer group

Fell -32% (22 June 2026 โ†’ 16 Sept 2026); regained 35% so far; sector-wide.

Reported at the time: Watching Microchip Technology; J Capital Research's Equity Dispatch Issues Short Report Titled 'AI Hype Takes You Only So Far' โ€” 24 June 2026

Price history, with the path projected 3 months forward

Updated 1:54 AM ET (58 h ago)

US$50.0US$100.0Nov 23Apr 24Sept 24Feb 25July 25Dec 25May 26Oct 26 today BuyTarget Our buy US$72.4 ยท est. 3 Dec 26Our target US$83.3 ยท est. 2 Nov 26
  • Daily close
  • Upper trend line (12 months)
  • Lower trend line (12 months)
  • The same lines over the last 12 months
  • Dashed after today: projected 3 months
  • Our buy
  • Our target

Suggested path

Buy at or below

US$72.43

level as at 3 Dec 2026

Our target

US$83.29

by 17 Nov 2026

Projected move

15.0%

gross, before costs

Price is between our buy and target.

Target: MCHP's usual move size (15.0%), the best return per day on this path.

This move size: reached in 30% of 12 past stretches, typically in 67 days. (0.22% per day)

Upper line touches
4
Lower line touches
3
Fit confidence
57%
Fitted
1 Nov 2026

Company information

About Microchip Technology Incorporated

Microchip Technology Incorporated creates, produces, and sells intelligent, interconnected, and secure embedded control solutions to customers throughout the Americas, Europe, and Asia. The company's core offerings include a range of microcontrollers, such as general-purpose 8-bit, 16-bit, and 32-bit models, as well as 32-bit embedded microprocessors. These specialized microcontrollers are designed for numerous applications across industries like automotive, industrial, computing, communications, lighting, power supplies, motor control, human-machine interfaces, security, and various wired and wireless connectivity needs. Beyond its processors, Microchip provides development tools that enable system designers to program its microcontroller and microprocessor units for specific tasks. Its product lineup also features Field-Programmable Gate Arrays (FPGAs) and a broad selection of analog, interface, mixed-signal, and timing components. This extensive category encompasses power management, linear, high-voltage, thermal management, discrete diodes and MOSFETs, radio frequency (RF), drivers, safety, security, USB, Ethernet, wireless, and other interface products. For compact device applications, the company supplies memory products such as serial EEPROM, serial and parallel flash, serial SRAM, and serial EERAM. A significant aspect of Microchip's business involves licensing its SuperFlash embedded flash and NVM technologies. These are provided to foundries, integrated device manufacturers, and design partners for use in manufacturing their own microcontrollers, gate arrays, RF, analog, and neuromorphic computing products that require integrated non-volatile memory. Moreover, Microchip delivers engineering services, along with wafer foundry, assembly, and test subcontracting manufacturing services. It also produces specialized timing systems, application-specific integrated circuits (ASICs), and aerospace products. Microchip Technology Incorporated was established in 1989 and is headquartered in Chandler, Arizona.

Sector
Technology
Industry
Semiconductors
CEO
Steve Sanghi
Employees
17,900
Country
US

https://www.microchip.com

Scorecard

Our own scores from the fundamentals below (not Morningstar ratings).

Valuation
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Profitability
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Financial health
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Cash generation
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Key statistics

Market cap
US$40.29B
Enterprise value
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Beta
1.74
Avg volume
11.11M
Revenue per share
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Dividend yield
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52-week range
48.52-105.91
Exchange
NASDAQ

Key ratios

P/E (TTM)
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PEG
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Price / sales
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Price / book
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EV / EBITDA
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Gross margin
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Operating margin
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Net margin
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Current ratio
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Quick ratio
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Debt / equity
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Interest cover
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Income statement

Balance sheet

Cash flow

Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.