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Microchip Appoints Victor Peng to Board

Story Highlights
  • Microchip appointed Victor Peng to its Board effective February 10, 2025.
  • Peng’s appointment could enhance Microchip’s competitive positioning in the semiconductor industry.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Microchip ( (MCHP) ) has provided an update.

On February 4, 2025, Microchip appointed Victor Peng, former president of AMD, to its Board, effective February 10, 2025. This strategic appointment is poised to strengthen the company’s governance and leverage Peng’s extensive experience in the semiconductor industry, potentially enhancing its competitive positioning.

More about Microchip

YTD Price Performance: -8.12%

Average Trading Volume: 8,542,628

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $28.06B

For detailed information about MCHP stock, go to TipRanks’ Stock Analysis page.

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