Microchip Technology Inc
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Information Technology : Semiconductors & Semiconductor Equipment | Large Cap Blend
Company profile

Microchip Technology Incorporated is engaged in developing, manufacturing and selling specialized semiconductor products used by its customers for a range of embedded control applications. The Company operates through two segments: semiconductor products and technology licensing. In the semiconductor products segment, the Company designs, develops, manufactures and markets microcontrollers, development tools and analog, interface, mixed signal and timing products. Its functional activities include sales, marketing, manufacturing, information technology, human resources, legal and finance. Its product portfolio comprises general purpose and specialized 8-bit, 16-bit, and 32-bit microcontrollers, a spectrum of linear, mixed-signal, power management, thermal management, radio frequency (RF), timing, safety, security, wired connectivity and wireless connectivity devices, as well as serial electrically erasable programmable read-only memories (EEPROMs) and serial flash memories.

Premarket

Last Trade
Delayed
$100.70
1.65 (1.67%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$99.05
Day's Change
0.00 (0.00%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Light)
Volume:
156

10-day average volume:
1,871,532
156

UPDATE: Tesla's stock keeps rising, after soaring 74% in August for biggest monthly gain in 7 years

10:53 am ET September 1, 2020 (MarketWatch)
Print

Shares of Tesla Inc. (TSLA) extended its recent rocket ride by surging 6.3% in premarket trading Tuesday, putting them on track to open in record territory well above the $500 mark. The stock had soared 12.6% on Monday (http://www.marketwatch.com/story/tesla-stock-rally-accelerates-further-into-record-territory-after-split-takes-effect-2020-08-31) to a record after a 5-for-1 stock split took effect, and wrapped up August with a 74.2% monthly gain. That was the best monthly performance since it ran up 81.1% in May 2013, and the second-best monthly gain since going public in June 2010. The electric vehicle maker also ended August with a market capitalization of $464.3 billion, making it the seventh most valuable U.S. company (http://www.marketwatch.com/story/tesla-passes-visa-to-become-seventh-largest-us-company-by-market-cap-2020-08-31). That helped propel Tesla Chief Executive Elon Musk to be the world's third richest person, according to the Bloomberg Billionaires Index (https://www.bloomberg.com/billionaires/). Tesla's stock has advanced 1,004.4% over the past 12 months through Monday, while shares of other electric vehicle makers Nio Inc. (NIO) have climbed 565.4% and Workhorse Group Inc. (WKHS) have hiked up 330.2% over the same time. The S&P 500 has gained 19.6% over the past 12 months.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 01, 2020 10:53 ET (14:53 GMT)

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