How Is Microchip Technology’s Stock Performance Compared to Other Semiconductor Stocks?
/Microchip%20Technology%2C%20Inc_%20microchip%20die%20extracted-by%20SweetBunFactory%20via%20iStock.jpg "How Is Microchip Technology’s Stock Performance Compared to Other Semiconductor Stocks?")
How Is Microchip Technology’s Stock Performance Compared to Other Semiconductor Stocks?
Publish Date: 2026-06-05 10:31:00
Source Domain: www.barchart.com
Microchip Technology, Inc_ microchip die extracted-by SweetBunFactory via iStock
Microchip Technology Incorporated (MCHP) is a major semiconductor firm that creates and produces smart, connected, and secure embedded control systems. The company offers microcontrollers, mixed-signal, analog, and Flash-IP products serving industrial, automotive, consumer, aerospace, defense, communications, and computing sectors.
Based in Chandler, Arizona, it provides comprehensive system solutions that make innovative design easier for customers globally. The company has a market capitalization of $52.20 billion, which classifies it as a “large-cap” stock.
MCHP’s shares had reached a 52-week high of $105.91 on May 8, but are down 9.1% from that level. Due to strong data center and AI-driven demand, the stock has recently experienced robust gains. Over the past three months, the stock has gained 37.8%. Its semiconductor peers, as shown by the VanEck Semiconductor ETF (SMH), are up 57.2% over the same period. Therefore, MCHP has been an underperformer among its peers over this period.
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Over a more extended period, this underperformance persists. Over the past 52 weeks, MCHP’s stock has increased by 48.9%, while it has been up 51.1% year-to-date (YTD). Contrarily, the VanEck Semiconductor ETF has gained 149.3% over the past 52 weeks and 74.3% YTD. The stock has traded above its 200-day and 50-day moving averages since early April.
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MCHP’s data center business is growing sharply. Broadly, its total datacenter and compute end market, including power management, catalog MCUs, analog and security products, represents approximately 18% of its total topline. Last year, the company’s data center solutions business unit generated $302.70 million in revenue. Looking forward, MCHP expects approximately 65% growth in 2026 to about $500 million.
This month, Microchip Technology launched the XpressConnect PCIe 6.0 and CXL 3.1 retimers to…
