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Microchip Technology Inc. Sees 36.44% Decline in Trading Volume Ranking 10th in Daily Turnover
Generated by AI AgentAinvest Volume Radar
Friday, Jul 11, 2025 6:31 pm ET1min read
On July 11, 2025,
Inc. (MCHP) experienced a significant decline in trading volume, with a total of $364 million in shares traded, marking a 36.44% decrease from the previous day. The stock closed at $0.69, reflecting a 0.69% drop in its share price.Microchip Technology Inc. has recently expanded its space-qualified FPGA portfolio, introducing new RT PolarFire® device qualifications and SoC availability. This move underscores the company's commitment to technological advancements and its long-standing achievements in the semiconductor industry, spanning over 60 years.
Microchip's new space FPGA has achieved military-grade qualifications, significantly reducing satellite power usage by 50%. This innovation is expected to enable next-generation space systems, further solidifying Microchip's position as a leader in the semiconductor industry.
Microchip Technology Inc. announced that its RT PolarFire RTPF500ZT FPGA has received MIL-STD-883 Class B and QML Class Q qualification, enhancing its capabilities in space applications. This qualification is a testament to the company's dedication to producing high-quality, reliable products for the aerospace industry.
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