Microchip Technology

MCHP

Market cap $51.3B

CHANDLER, Ariz., May 28, 2026 (GLOBE NEWSWIRE) -- Designers of real-time control applications are increasingly challenged to balance performance and peripheral integration while keeping system cost and complexity low.

Microchip Technology Incorporated (MCHP) Presents at TD Cowen's 54th Annual Technology, Media & Telecom Conference Transcript

AI-driven tech gains are lifting markets in May as CIEN, LITE, TER, MCHP and TXN ride strong demand trends.

From a technical perspective, Microchip Technology (MCHP) is looking like an interesting pick, as it just reached a key level of support. MCHP recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

Microchip Technology NASDAQ: MCHP is seeing a broad-based recovery in demand and expects continued margin improvement as it ramps production and works down remaining underutilization costs, Chief Financial Officer Eric Bjornholt said at JPMorgan's 54th Annual Technology and Media Communications Conference.

CHANDLER, Ariz., May 26, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the TD Cowen 54th Annual Technology, Media & Telecom Conference on Thursday, May 28, 2026 at 11:25 a.m. (Eastern Time). Presenting for the Company will be Mr. Steve Sanghi, President and Chief Executive Officer, and Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcast of the presentation will be made available by Cowen, and can be accessed on the Microchip website at www.microchip.com.

CHANDLER, Ariz., May 26, 2026 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announces the availability of its new 3.3 kV HV ‑ D3 mSiC® Power Modules , designed to simplify and accelerate the adoption of solid-state transformers (SSTs) in AI hyperscale data centers and other high‑voltage power applications.

Investors target stocks that have been on a bullish run. Stocks like MUSA, DVA, MCHP and CVE are seeing price strength, and the momentum is likely to continue.

Microchip Technology (MCHP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Microchip Technology Incorporated (MCHP) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript