MCHP Jun 2025 85.000 put
- Insider Monkey
Microchip Technology Incorporated (MCHP) Unveils LAN969x Multi-Gigabit Ethernet Switches and VelocityDRIVE Software Platform, Pioneering Cost-Effective Solutions for OEMs
We recently compiled a list of the 35 Trending AI Stocks on Latest News and Analyst Ratings. In this article, we are going to take a look at where Microchip Technology Incorporated (NASDAQ:MCHP) stands against the other trending AI stocks. Two years after the public debut of ChatGPT, the generative AI landscape has evolved rapidly, igniting […]
- GuruFocus.com
JPMorgan Chase & Co's Strategic Acquisition in Microchip Technology Inc
On September 30, 2024, JPMorgan Chase & Co. made a significant addition to its investment portfolio by acquiring 10,526,771 shares of Microchip Technology Inc. (NASDAQ:MCHP). This transaction increased the firm's total holdings in Microchip Technology to 27,705,909 shares, marking a substantial impact on its portfolio with a 0.18% position and a 5.10% ownership in the traded company. The shares were purchased at a price of $80.29 each, reflecting a strategic move by the firm in the technology sector.
- GlobeNewswire
New VelocityDRIVE™ Software Platform and Automotive-Qualified Multi-Gigabit Ethernet Switches for Software-Defined Vehicles
The VelocityDRIVE Software Platform enables switch-management communication based on standardized YANG modelsCHANDLER, Ariz., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Driven by the need for higher bandwidth, advanced features, enhanced security and standardization, automotive OEMs are transitioning to Ethernet solutions. Automotive Ethernet provides the necessary infrastructure to support Software-Defined Networking by centralizing control, enabling flexible configurations and real-time data transfer.
