Microchip Technology (MCHP) Tests Its Valuation As The AUTOSAR Push Builds

Microchip Technology (MCHP) has been busy on the partnership front, with a fresh collaboration alongside Elektrobit focused on AUTOSAR-based automotive software. The move sharpens attention on how this semiconductor stock ties into software-heavy vehicles. Recent headlines around Microchip Technology, from the AUTOSAR tie up with Elektrobit to new data center, space power and touch controller launches, sit against a share price of US$73.85 that has risen 13.56% on a year to date share price...