Close-up of a metallic microchip and gold circuit board components with blue lighting accents. Key Points Microchip Technology's weak guidance overshadows an outlook for robust business growth in calendar 2026. AI is driving demand and sequential improvements, positioning the company to gain momentum. Price action faces headwinds in 2025 that will likely revert to tailwinds in the upcoming quarters. Interested in Microchip Technology Incorporated? Here are five stocks we like better. It’s taking ti ...