MCHP: Microchip Technology, Inc.
About
Microchip Technology, Inc. engages in the provision of semiconductor products. It operates through the Semiconductor Products and Technology Licensing segments. The Semiconductor Products segment is involved in designing, developing, manufacturing, and marketing microcontrollers, development tools and analog, interface, mixed signal, connectivity devices, and timing products. The Technology Licensing segment offers license fees and royalties associated with technology licenses for the use of SuperFlash embedded flash and Smartbits one-time programmable technologies. The company was founded on February 14, 1989 and is headquartered in Chandler, AZ.
Current Value
$64.111 Year Return
Current Value
$64.111 Year Return
Key Details
Market Cap
$34.84B
P/E Ratio
45.25
1Y Stock Return
-21.37%
1Y Revenue Growth
-38.55%
Dividend Yield
1.87%
Price to Book
5.6
Strategies that include MCHP
Stock's related to MCHP
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| ADI | 84.20% | $104.48B | +16.10% | 1.73% |
| NXPI | 81.09% | $55.89B | +9.71% | 1.85% |
| TXN | 78.43% | $183.42B | +31.05% | 2.64% |
| ON | 77.01% | $28.38B | -2.54% | 0.00% |
| ENTG | 75.46% | $15.01B | -2.88% | 0.41% |
| KLAC | 73.91% | $82.35B | +11.80% | 0.98% |
| MKSI | 73.58% | $7.29B | +42.89% | 0.82% |
| TER | 72.25% | $16.74B | +12.03% | 0.46% |
| STM | 72.05% | $21.92B | -45.89% | 1.23% |
| LRCX | 71.85% | $90.29B | -0.80% | 11.86% |
| POWI | 71.26% | $3.44B | -21.30% | 1.33% |
| AMAT | 71.18% | $139.58B | +13.44% | 0.85% |
| ACLS | 68.84% | $2.28B | -44.77% | 0.00% |
| LSCC | 68.70% | $6.70B | -15.48% | 0.00% |
| DIOD | 68.65% | $2.53B | -20.36% | 0.00% |
| QCOM | 68.05% | $182.99B | +29.67% | 2.01% |
| MPWR | 68.04% | $28.58B | +8.88% | 0.82% |
| ALGM | 67.93% | $3.59B | -31.01% | 0.00% |
| AEIS | 67.82% | $4.20B | +16.90% | 0.27% |
| SWKS | 67.81% | $13.35B | -10.80% | 3.29% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CRIS | 0.11% | $32.09M | -55.52% | 0.00% |
| ORLY | -0.21% | $69.31B | +22.06% | 0.00% |
| HSY | 0.31% | $34.45B | -10.68% | 3.21% |
| HIHO | -0.31% | $8.63M | 0.00% | 6.12% |
| CORZ | -0.40% | $4.60B | +3,201.26% | 0.00% |
| IMNN | 0.55% | $10.02M | -22.89% | 0.00% |
| QXO | 0.57% | $6.51B | -35.95% | 0.00% |
| T | -0.59% | $163.09B | +40.40% | 4.87% |
| NNVC | -0.63% | $19.66M | +25.69% | 0.00% |
| IRWD | 0.67% | $609.71M | -59.34% | 0.00% |
| DUK | 0.72% | $87.74B | +26.37% | 3.65% |
| CB | -0.73% | $114.43B | +26.00% | 1.24% |
| AMSF | -0.76% | $1.11B | +22.66% | 2.52% |
| TRV | 0.77% | $58.86B | +48.10% | 1.59% |
| NEUE | 0.89% | $40.93M | -34.13% | 0.00% |
| DG | 1.01% | $16.82B | -37.95% | 3.17% |
| ICFI | -1.11% | $2.50B | +3.50% | 0.41% |
| MOH | -1.11% | $16.16B | -21.56% | 0.00% |
| SRRK | -1.11% | $2.61B | +134.91% | 0.00% |
| AJG | 1.13% | $64.17B | +17.51% | 0.80% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CBOE | -24.77% | $21.46B | +15.84% | 1.11% |
| PGR | -18.54% | $149.10B | +57.29% | 0.45% |
| HUSA | -18.43% | $16.69M | -11.56% | 0.00% |
| MCK | -17.41% | $78.15B | +35.51% | 0.42% |
| FDP | -15.46% | $1.62B | +45.67% | 2.97% |
| ALL | -13.67% | $52.06B | +45.67% | 1.85% |
| LMT | -13.10% | $126.40B | +18.99% | 2.36% |
| NOC | -12.60% | $71.54B | +4.23% | 1.60% |
| CME | -12.34% | $82.76B | +9.21% | 1.98% |
| MNR | -11.86% | $1.66B | -10.71% | 15.90% |
| AEE | -11.82% | $24.59B | +20.10% | 2.87% |
| PRPO | -10.76% | $9.10M | -13.65% | 0.00% |
| ETR | -10.53% | $32.14B | +49.00% | 3.05% |
| WEC | -10.43% | $31.33B | +22.40% | 3.38% |
| GIS | -9.97% | $34.85B | -2.91% | 3.78% |
| CL | -9.02% | $76.48B | +22.25% | 2.12% |
| COR | -8.78% | $47.48B | +21.20% | 0.86% |
| XEL | -8.65% | $41.42B | +15.91% | 3.12% |
| DOGZ | -8.47% | $614.77M | +1,372.26% | 0.00% |
| PG | -8.35% | $402.15B | +14.14% | 2.33% |
ETF's related to MCHP
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| XSD | 85.40% | $1.25B | 0.35% |
| FTXL | 83.58% | $1.31B | 0.6% |
| SOXX | 81.89% | $13.20B | 0.35% |
| SOXQ | 80.12% | $490.35M | 0.19% |
| RSPT | 79.44% | $3.51B | 0.4% |
| TDIV | 78.81% | $2.82B | 0.5% |
| PSI | 78.72% | $711.93M | 0.56% |
| SNSR | 77.41% | $233.01M | 0.68% |
| FV | 77.29% | $3.81B | 0.9% |
| QTEC | 76.54% | $3.85B | 0.57% |
| SPHB | 76.30% | $365.01M | 0.25% |
| SIXG | 75.70% | $569.71M | 0.3% |
| XT | 75.51% | $3.38B | 0.46% |
| SMH | 75.14% | $23.66B | 0.35% |
| QQEW | 74.89% | $1.90B | 0.57% |
| QQQE | 74.33% | $1.24B | 0.35% |
| EFAA | 72.64% | $117.38M | 0% |
| DRIV | 72.26% | $417.14M | 0.68% |
| RSPA | 71.63% | $273.87M | 0% |
| DSI | 71.27% | $4.87B | 0.25% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| AGZD | -0.09% | $142.76M | 0.23% |
| BILZ | -0.34% | $563.02M | 0.14% |
| ICLO | -0.52% | $209.30M | 0.2% |
| KCCA | -0.57% | $220.51M | 0.87% |
| SCHO | 0.69% | $11.10B | 0.03% |
| FTSD | 1.01% | $171.68M | 0.25% |
| UNG | 1.33% | $908.80M | 1.06% |
| AGGH | 1.56% | $253.02M | 0.33% |
| VGSH | 1.66% | $19.14B | 0.04% |
| UTWO | -1.79% | $447.63M | 0.15% |
| CORN | -1.88% | $61.12M | 0.2% |
| HDRO | -2.02% | $164.26M | 0.3% |
| VNLA | 2.04% | $2.27B | 0.23% |
| SHYD | -2.15% | $311.50M | 0.35% |
| AGZ | 2.24% | $708.37M | 0.2% |
| GSY | 2.62% | $2.29B | 0.23% |
| FTSM | 2.76% | $6.08B | 0.45% |
| GBIL | 2.77% | $5.60B | 0.12% |
| ICSH | 2.81% | $5.57B | 0.08% |
| SHV | 2.83% | $18.13B | 0.15% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -49.21% | $388.04M | 1.43% |
| VIXY | -48.94% | $195.31M | 0.85% |
| TAIL | -43.61% | $67.98M | 0.59% |
| USDU | -24.71% | $201.97M | 0.5% |
| UUP | -22.46% | $309.25M | 0.77% |
| DFNM | -9.43% | $1.40B | 0.17% |
| SPTS | -7.64% | $5.71B | 0.03% |
| XONE | -7.48% | $548.88M | 0.03% |
| CGSM | -7.40% | $514.53M | 0.25% |
| JUCY | -7.34% | $324.29M | 0.6% |
| CLOI | -7.25% | $715.40M | 0.4% |
| XBIL | -7.22% | $637.70M | 0.15% |
| TOTL | -6.98% | $3.31B | 0.55% |
| CTA | -6.02% | $350.27M | 0.78% |
| TBIL | -5.62% | $4.38B | 0.15% |
| KMLM | -5.58% | $353.87M | 0.9% |
| ULST | -5.16% | $535.47M | 0.2% |
| XHLF | -4.81% | $874.27M | 0.03% |
| CCOR | -3.84% | $109.04M | 1.18% |
| WEAT | -3.44% | $120.27M | 0.28% |
News
Yahoo
The market rally has been broadening away from Big Tech and Nvidia, its leader. But at the same time, the chip company is still critical to the health of bull market.
Yahoo
We recently published a list of 15 AI News Stories Shaking Up Wall Street. In this article, we are going to take a look at where Microchip Technology Incorporated (NASDAQ:MCHP) stands against other AI news stories shaking up Wall Street. U.S. President Joe Biden met with China’s President Xi Jinping at the APEC Summit in […]
Yahoo
(Bloomberg) -- Microchip Technology Inc. Chief Executive Officer Ganesh Moorthy will step down after three years in the role, with Chairman Steve Sanghi returning to the position. Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureMoorthy will r
Yahoo
CHANDLER, Ariz., Nov. 18, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that Ganesh Moorthy is retiring as Chief Executive Officer, President and as a member of the Board of Directors in connection with his 65th birthday at the end of November. The Board has appointed Steve Sanghi as interim Chief Executive Officer and President effective today. Mr. Sanghi will remain as
MarketWatch
Microchip Technology Inc. stock rises Monday, outperforms market
MarketWatch
Microchip Technology CEO to Retire, Chair Sanghi Named Interim Replacement
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.