Core Insights - Madison Mid Cap Fund's fourth-quarter 2025 investor letter indicates a challenging market environment for high-quality, profitable businesses, as the Russell Midcap Index recorded a full-year return of 10.6% with a focus on more volatile and speculative companies [1] - The Fund experienced a decrease of 1.2% in Q4 2025, underperforming the Russell Midcap Index, which increased by 0.2% [1] Company Insights - Microchip Technology Incorporated (NASDAQ:MCHP) is highlighted as a significant holding, with a market capitalization of $35.35 billion [2] - The stock closed at $65.33 per share on March 10, 2026, with a one-month return of -19.10% and a 52-week gain of 25.88% [2] - The company has faced supply chain challenges over the past 24 months, leading to customer over-ordering due to lengthening production lead times [3] - The return of founder Steve Sanghi as CEO has been noted as a positive development, with efforts to reduce excess inventory and position the company for market share recovery [3] Investment Sentiment - Microchip Technology is not included in the list of the 40 Most Popular Stocks Among Hedge Funds heading into 2026, although it was held by 61 hedge fund portfolios at the end of Q4, up from 56 in the previous quarter [4] - The investment community acknowledges the potential of Microchip Technology but suggests that certain AI stocks may offer greater upside potential with less downside risk [4]

Company Announcement - Microchip Technology Incorporated will present at the Raymond James Institutional Investors Conference on March 2, 2026, at 1:05 p.m. Eastern Time, with Mr. Sajid Daudi, Head of Investor Relations, as the presenter [1] - A live webcast of the presentation will be available on the Microchip website [1] Company Overview - Microchip Technology Inc. is a broadline supplier of semiconductors focused on providing innovative design solutions that address challenges at the intersection of emerging technologies and durable end markets [3] - The company offers a comprehensive product portfolio and easy-to-use development tools that support customers throughout the design process, from concept to completion [3] - Microchip is headquartered in Chandler, Arizona, and provides solutions across various markets, including industrial, automotive, consumer, aerospace and defense, communications, and computing [3]

Group 1 - Microchip Technology Incorporated will present at the Morgan Stanley Technology, Media & Telecom Conference on March 3, 2026, at 1:05 p.m. Pacific Time [1] - The presentation will be made by Mr. Richard Simoncic, Chief Operating Officer, and Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer [1] - A live webcast of the presentation will be available on the Microchip website [1] Group 2 - Microchip Technology Inc. is a broadline supplier of semiconductors focused on innovative design solutions that address challenges in emerging technologies and durable end markets [3] - The company provides easy-to-use development tools and a comprehensive product portfolio to support customers throughout the design process [3] - Microchip serves various markets including industrial, automotive, consumer, aerospace and defense, communications, and computing [3]

Core Viewpoint - Microchip Technology Incorporated will present at the Wolfe Research Auto, Auto Tech, and Semiconductor Conference on February 11, 2026, showcasing its position as a leading provider of smart, connected, and secure embedded control solutions [1]. Company Overview - Microchip Technology Inc. is a broadline supplier of semiconductors focused on simplifying innovative design through comprehensive system solutions that tackle critical challenges at the intersection of emerging technologies and durable end markets [3]. - The company provides easy-to-use development tools and a wide-ranging product portfolio that supports customers throughout the design process, from concept to completion [3]. - Headquartered in Chandler, Arizona, Microchip delivers solutions across various markets, including industrial, automotive, consumer, aerospace and defense, communications, and computing [3].

Company Overview - Microchip Technology Incorporated is a leading provider of smart, connected, and secure embedded control solutions [1] - The company is headquartered in Chandler, Arizona, and offers a comprehensive product portfolio that supports customers throughout the design process, from concept to completion [3] - Microchip serves various markets including industrial, automotive, consumer, aerospace and defense, communications, and computing [3] Upcoming Event - Microchip will present at the Barclays 23 Annual Global Technology Conference on December 11, 2025, at 1:20 p.m. Pacific Time [1] - The presentation will be made by Mr. Rich Simoncic, COO, and Mr. Eric Bjornholt, Senior VP and CFO [1] - A live webcast of the presentation will be available on the Microchip website [1]

Core Viewpoint - Microchip Technology Incorporated will present at the UBS Global Technology and AI Conference 2025 on December 3, 2025, at 12:55 p.m. Mountain Time, with CEO Steve Sanghi as the presenter [1]. Company Overview - Microchip Technology Inc. is a leading supplier of semiconductors, focusing on innovative design solutions that address challenges at the intersection of emerging technologies and durable end markets [3]. - The company provides easy-to-use development tools and a comprehensive product portfolio that supports customers throughout the design process, from concept to completion [3]. - Headquartered in Chandler, Arizona, Microchip serves various markets, including industrial, automotive, consumer, aerospace and defense, communications, and computing [3].

Core Insights - Madison Investments released its second-quarter 2025 investor letter for the Madison Mid Cap Fund, which reported a return of 5.2%, underperforming the Russell Midcap Index's 8.5% increase [1] - The fund highlighted Microchip Technology Incorporated (NASDAQ:MCHP) as one of its top five contributors for the quarter, alongside Amphenol, Arista Networks, MKS, and Liberty Formula One [3] Fund Performance - The Madison Mid Cap Fund (Class Y) achieved a return of 5.2% in Q2 2025, while the Russell Midcap Index rose by 8.5% during the same period [1] - The fund's top five holdings were mentioned, indicating a focus on specific stocks that contributed positively to its performance [1] Microchip Technology Incorporated (MCHP) - Microchip Technology's stock experienced a one-month return of -4.96% and a 52-week decline of 15.46%, closing at $65.15 per share with a market capitalization of $35.16 billion as of September 19, 2025 [2] - The company benefited from improved sentiment regarding the semiconductor cycle, with its CEO suggesting that the business has bottomed out for this cycle [3] - Despite its potential, Microchip Technology is not among the 30 most popular stocks among hedge funds, with 54 hedge fund portfolios holding its shares at the end of Q2 2025, a decrease from 56 in the previous quarter [4]

Company Announcement - Microchip Technology Incorporated will present at the Bank of America 2025 Global Technology Conference on June 4, 2025, at 9:20 a.m. Pacific Time, with Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer, as the presenter [1] - A live webcast of the presentation will be available on the Microchip website [1] Company Overview - Microchip Technology is a leading provider of smart, connected, and secure embedded control solutions, serving approximately 112,000 customers across various markets including industrial, automotive, consumer, aerospace and defense, communications, and computing [3] - The company offers easy-to-use development tools and a comprehensive product portfolio that help customers create optimal designs, reducing risk while lowering total system cost and time to market [3] - Microchip is headquartered in Chandler, Arizona, and is known for its outstanding technical support, dependable delivery, and quality [3]