Microchip Technology Incorporated (MCHP): A Bull Case Theory

We came across a bullish thesis on Microchip Technology Incorporated (MCHP) on Substack by Serhio MaxDividends and Max Dividends. In this article, we will summarize the bulls’ thesis on MCHP. Microchip Technology Incorporated (MCHP)'s share was trading at $60.80 as of May 15^th. MCHP’s trailing and forward P/E were 31.39 and 44.05 respectively according to Yahoo Finance.

[caption id="attachment_1420244" align="aligncenter" width="768"] Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip...