Microchip Technology Inc. Sees $357 Million Trading Volume, Ranks 226th in Daily Volume

On June 24, 2025, Microchip Technology Inc. (MCHP) saw a trading volume of $357 million, marking a 30.88% decrease from the previous day. The stock closed with a 2.68% increase, ranking 226th in terms of trading volume for the day.

Microchip Technology has enhanced its TrustMANAGER platform to support CRA compliance and cybersecurity regulations. The platform now includes secure code signing, Firmware Over-the-Air (FOTA) updates, and remote management of firmware and cryptographic keys. These improvements are designed to help customers securely deploy real-time firmware updates and comply with evolving security regulations.

Microchip Technology has also expanded its digital signal controller lineup with industry-leading PWM resolution and ADC speed. This enhancement is aimed at addressing the growing complexity of real-time embedded applications and evolving security and functional safety demands.

Microchip Technology Inc. has announced that it will present at several upcoming technology conferences, including the Mizuho 2025 Technology Conference, the Bank of America 2025 Global Technology Conference, and the TD Cowen 53rd Annual Technology, Media & Telecom Conference. These presentations will provide insights into the company's strategies and performance.

Microchip Technology has reported higher-than-expected bookings, indicating better performance than management had anticipated. The company's CEO, Steve Sanghi, highlighted this positive development during an investor call, suggesting a strong outlook for the company.

Microchip Technology has introduced the MEC175xB family of embedded controllers, which feature post-quantum cryptography and enhanced security features. This new family is designed to provide low power consumption and robust security for embedded applications.

Microchip Technology has also announced the launch of its 25th Annual MASTERs Conference, which will be held in Scottsdale, Arizona. The conference is a premier technical event for the industry, providing a platform for technical discussions and knowledge sharing.