Microchip Technology $MCHP Hull Moving Average Buy, Uptrend Channel

  • Post category:Stock Trading
  • Reading time:2 mins read
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Microchip Technology $MCHP stock has a Hull Moving Average buy signal as the stock trades within an uptrend channel. The Hull Moving Average cycled from pink to cyan on the chart below.

Microchip Technology stock chart on March 9 2023 with a Hull Moving Average buy signal and an uptrend channel pattern
Microchip Technology stock chart on March 9, 2023, with a Hull Moving Average buy signal and an uptrend channel pattern

Microchip announces industrial-grade SPE products

On March 7, 2023, Microchip Technology unveiled new industrial-grade SPE products that will help realize the promise of SPE. These products range from 10BASE-T1S MAC-PHYs, which make it easier to connect edge IIoT devices to the cloud, to industrial versions of its 100BASE-T1 Time Sensitive Networking Ethernet PHY transceivers and switches, which enable faster applications across extensive Ethernet networks.

“Microchip is helping to fuel the adoption of zonal architectures in industrial applications with our new MAC-PHYs that connect to many of Microchip’s microcontrollers (MCUs) to reduce the design complexity and implementation costs for bringing a host of sensors, actuators and other products into the new 10BASE-T1S network infrastructure,” said Matthias Kaestner, vice president at Microchip. “With these new 10BASE-T1S MAC-PHYs and industrial versions of our 100BASE-T1 TSN products, we are making it easier to connect the physical world to the cloud while enabling a seamless Ethernet architecture throughout the IIoT and other industrial networks.”

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