Microchip Technology Incorporated (MCHP): Institutional Investors Are Shorting This Semiconductor Stock Now

By Yahoo! Finance | Oct 30, 2024 at 09:02 PM EST

Investors reacted negatively to a semiconductor equipment provider's revenue guidance, causing a $420 billion loss in chip stocks. The industry's bifurcation and hedge fund strategies in semiconductor stocks are analyzed, focusing on Microchip Technology's challenges amidst market trends.

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