35 Trending AI Stocks on Latest News and Analyst Ratings

Page 17 of 35

19. Microchip Technology Incorporated (NASDAQ:MCHP)

Number of Hedge Fund Holders: 46  

Microchip Technology Incorporated (NASDAQ:MCHP) develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The firm recently launched its new LAN969x Multi-Gigabit Ethernet Switches alongside the VelocityDRIVE Software Platform, offering OEMs comprehensive Ethernet solutions. The platform, a turnkey software solution with a configuration tool based on standardized YANG models, marks the industry’s first integration of CORECONF YANG. This standard allows designers to separate software development from the hardware network layer, reducing both complexity and cost, and speeding up time to market.

Page 17 of 35