Microchip Technology Inc. Surges to 82nd Most Actively Traded Stock with 9.47 Billion Shares Exchanged

On April 24, 2025, Microchip Technology Inc. (MCHP) saw a significant surge in trading volume, with a total of 9.47 billion shares exchanged, marking an 118.78% increase from the previous day. This surge placed Microchip among the top 82 most actively traded stocks for the day. The company's stock price also rose by 12.38%, marking its fifth consecutive day of gains and a total increase of 24.16% over the past five days.

Microchip Technology has recently introduced the PIC16F17576 microcontroller (MCU) family, designed to simplify analog sensor design. This new family of MCUs features a low-power comparator and voltage reference combination that can operate while the MCU core is in sleep mode, allowing for efficient power management and reduced design complexity. The PIC16F17576 MCUs are particularly well-suited for applications that require precise measurements and low power consumption, making them an attractive option for cost-conscious designers.

This new product line is part of Microchip's ongoing efforts to empower innovation by providing hardware, software, and tools for embedded applications. The company's comprehensive product portfolio, which includes microcontrollers, FPGAs, silicon carbide, and analog solutions, enables designers to bring their ideas to life across various industries, from secure IoT to industrial applications and automotive to aerospace.