Crypto World

MCHP Stock Jumps, Leads SOX Higher

Published

2 hours ago

on

Microchip Technology (MCHP) stock jumped Friday after the chipmaker delivered a beat-and-raise earnings report. MCHP stock fueled a rise in the Philadelphia semiconductor index, known as SOX. The Chandler, Ariz.-based company late Thursday said it earned an adjusted 76 cents a share on sales of $1.48 billion in its fiscal first quarter ended June 30. Analysts polled by FactSet had…

Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Source link

Related Topics:

You must be logged in to post a comment Login

Leave a Reply

Cancel reply

Trending

Exit mobile version