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Microchip Technology Earnings Beat, Positive Guidance Lifts Semiconductor ETFs

Microchip Technology (NasdaqGS: MCHP) jumped Tuesday, lifting semiconductor sector-related exchange traded funds, after the leading provider of smart, connected and secure embedded control solutions beat Wall Street estimates and provided positive guidance for the quarter ahead.
Ganesh Moorthy Vaneck Vectors Semiconductor Microchip Technology Microchip Technology Nasdaq Wall Street Business Daily

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