NasdaqGS:MCHPSemiconductor
Is It Too Late To Reassess Microchip Technology (MCHP) After Its Strong Share Price Run
If you are trying to figure out whether Microchip Technology is fairly priced or not, the recent share moves give you plenty to think about.
The stock last closed at US$79.36, with returns of 5.2% over 7 days, 22.7% over 30 days, 22.0% year to date, 48.4% over 1 year, 1.0% over 3 years and 22.1% over 5 years.
Over the past year, Microchip Technology has been in focus as investors reassessed a wide range of semiconductor names and their roles in long term chip demand. That backdrop helps...