Microchip Technology Inc. Trading Volume Drops 36.02% to $321 Million, Extending Two-Day Losing Streak

On June 27, 2025, Microchip Technology Inc. (MCHP) experienced a trading volume of $321 million, marking a 36.02% decrease from the previous day. The stock closed 0.41% lower, extending its two-day losing streak with a total decline of 1.55%.

Microchip Technology Inc. has expanded its space portfolio with the introduction of the SA15-28 DC-DC power converter and the SF100-28 EMI filter. This addition to their product line is significant as it leverages over 60 years of experience in the space industry, aiming to redefine the economics of space technology by providing reliable and efficient power solutions.

Microchip has also enhanced its TrustMANAGER platform to support compliance with the Cyber Resilience Act (CRA) and other cybersecurity regulations. The platform now includes secure code signing, firmware over-the-air (FOTA) updates, and remote firmware and key management, addressing the evolving security demands in the industry.

In addition to its space and security advancements, Microchip has introduced a new digital signal controller lineup featuring industry-leading PWM resolution and ADC speed. This development is in response to the growing complexity of real-time embedded applications and the increasing demands for security and functional safety.

Microchip Technology Inc. has also announced its participation in 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 strategic direction and technological innovations.

Microchip's recent financial performance has shown resilience, with higher-than-expected bookings and a positive outlook for the first quarter. The company's CEO, Steve Sanghi, has highlighted that the chipmaker is performing better than anticipated, signaling a recovery in demand for its products.