Microchip Technology Falls as Chip Stocks Slide in Broader Market Risk-Off Move

This post was originally published on here Microchip Technology (MCHP) is down 5.6% today. Here is some analysis on what might have caused this price movement. ([investing.com](https://www.investing.com/equities/microchip-technology-inc))Analysis: The most likely driver appears to be a broad semiconductor and tech selloff rather than a new company-specific setback. This could also be because investors are trimming positions…