The fact that multiple Microchip Technology Incorporated ( NASDAQ:MCHP ) insiders offloaded a considerable amount of...
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 […]
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.