microchip technology MCHP has outperformed the market by 5.43% on an annualized basis over the past 10 years and has produced a compound annual return of 14.97%. Currently, Microchip Technology has a market capitalization of $41.42 billion.

Purchase of $100 in MCHP: If an investor bought $100 worth of MCHP stock 10 years ago, it would be worth it $406.94 today based on a price of $75.61 for MCHP at the time of writing.

Microchip Technology’s performance over the past 10 years

Finally – what is all this? The most important takeaway to take from this article is how much of a difference compound returns can make in your cash growth over a period of time.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.