Microchip Technology (MCHP) Surges 11.6% on Net Sales Beat, Bright Outlook

We recently published 10 Stocks With Eye-Popping Double-Digit Gains; 4 Hit All-Time Highs. Microchip Technology Inc. (NASDAQ:MCHP) was one of the top performers on Tuesday. Microchip Technology extended its winning streak to a third day on Tuesday, adding 11.65 percent to close at $74.87 apiece after hinting at having exceeded its net sales guidance for the third quarter of fiscal year 2026 and posting an upbeat outlook for the calendar year. In its preliminary results, Microchip Technology Inc. (NASDAQ: ...