In its first quarter 2025 investor letter, ClearBridge Mid Cap Strategy emphasized stocks such as Microchip Technology Incorporated (NASDAQ: MCHP ). Microchip Technology Incorporated (NASDAQ:MCHP) manufactures and distributes smart, connected, and secure embedded control solutions. The one-month return of Microchip Technology Incorporated (NASDAQ:MCHP) was -27.46%, and its shares lost 54.68% of their value over the last 52 weeks. On April 10, 2025, Microchip Technology Incorporated (NASDAQ:MCHP) stock closed at $38.81 per share with a market capitalization of $20.873 billion.