Is Microchip Technology Stock Underperforming the Dow?

With a market cap of around $29 billion, Chandler, Arizona-based Microchip Technology Incorporated (MCHP) is a leading provider of smart, connected, and secure embedded control solutions, serving markets across the Americas, Europe, and Asia. It develops and manufactures microcontrollers, analog and interface products, and memory solutions for embedded systems. Companies worth more than $10 billion are generally labeled as “large-cap” stocks and Microchip Technology fits this criterion perfectly. Its dive ...