Microchip Technology (MCHP) Stock Trades Up, Here Is Why

What Happened? Shares of analog chipmaker Microchip Technology NASDAQ:MCHP jumped 1.9% in the afternoon session after the company announced the expansion of its 10BASE-T1S Single Pair Ethernet portfolio with new transceivers and endpoint devices.The expansion introduces the LAN8679 and LAN8680 phys…