Microchip Technology shares rise 5.84% intraday after announcing presentation at Mizuho 2025 Technology Conference.

Microchip Technology Incorporated rose 5.84% intraday, with the company announcing that it will present at the Mizuho 2025 Technology Conference on August 12, 2025. The presentation will be made by Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer, and a live webcast will be available on the Microchip website. Additionally, the broader market sentiment was positive as Nasdaq and S&P 500 touched record highs after the July inflation report boosted Fed rate-cut expectations.