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In this article, we are going to take a look at where Microchip Technology Inc. (NASDAQ:MCHP) stands against other stocks that traders heavily sold down on Thursday. The stock market wiped away ...

This was the stock's second consecutive day of losses.

On April 1, 2025, the Taiwanese manufacturer TSMC introduced the world's most advanced microchip: the 2 nanometre (2nm) chip.

Stifel analyst Tore Svanberg lowered the firm’s price target on Microchip (MCHP) to $60 from $80 and keeps a Buy rating on the shares.

Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers ...