Analysts note Microchip stock price could benefit from easing input costs for silicon wafers, potentially expanding gross margins by 70 basis points in Q If you have a different perspective or want to dive deeper into Microchip Technology’s outlook, it is easy to craft your own story with the available data. You can do so in just a few minutes. Do it your way Over the past year, Microchip Technology’s share price has moved sideways overall, with plenty of smaller ups and downs as the semiconductor market adjusted to changing trends. The short-term share price momentum has recently turned more positive, though the one-year total shareholder return is still slightly in the red. With the latest bounce, some investors see room for momentum to build if broader chip demand continues to stabilize. Market data shows Microchip stock price outperforming the S&P 500 Tech sector over the past month, hinting at relative strength rotation into semiconductor equities.