Microchip Technology stock jumps about 4% premarket after sales forecast boost
New York, Jan 6, 2026, 08:18 EST — Premarket Microchip Technology (MCHP) shares rose 4.1% to $69.82 in premarket trading on Tuesday, after the chipmaker lifted its quarterly sales outlook. The stock ended Monday at $67.06. MarketWatch Microchip late on Monday raised its expected fiscal third-quarter net sales to about $1.19 billion, topping its prior forecast range of $1.11 billion…