Microchip Technology

MCHP

Market cap $39.9B

Microchip gains from AI momentum, product launches and a revised sales outlook signaling end-market recovery.

CHANDLER, Ariz., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announces the release of its JANPTX family of non-hermetic plastic Transient Voltage Suppressor (TVS) devices that meet the MIL-PRF-19500 qualification, offering high-reliability protection for aerospace and defense applications.

CHANDLER, Ariz., Jan. 08, 2026 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) has announced the release of custom-designed firmware for its MEC1723 Embedded Controller (EC), specifically tailored to support NVIDIA DGX Spark personal AI supercomputers.

Microchip Tech (MCHP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Microchip lifts Q3 sales outlook to $1.185B on strong bookings and broad end-market recovery, sending shares up more than 9%.

Microchip pre-announced December quarter results and gave a positive outlook on the March quarter. The company is emerging from a near-three year downcycle, which spurred the company's longtime ex-CEO to return last year.

Analog-semiconductor stocks have been major laggards over a multiyear span, but Microchip's latest commentary is fueling hopes for a sustained recovery.

Microchip Tech (MCHP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

The chip maker boosts sales guidance for the second time for the quarter ended Dec. 31.

Semiconductor stocks start out 2026 with powerful tailwinds in their corner after vastly outperforming in 2025, but these tailwinds have the potential to turn into headwinds. The semiconductor sector continues to do better than most, although lately gains are driven by fewer stocks with many more lagging behind. Artificial intelligence or AI continues to underpin the semiconductor sector, but there are increasingly undesirable developments to be found.