MCHP is trading 4.3% up at $102.31 in pre-market, extending a strong rally following the launch of its new AI-focused power modules.

  • Microchip introduced 3.3 kV HV‑D3 mSiC power modules specifically designed to meet the demands of high-growth AI data center infrastructure.
  • The move follows a 6.3% gain on May 26, 2026, as investors continue to respond positively to the company's strategic positioning in the AI hardware market.