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]