Here’s What Makes Microchip Technology Stock A Strong Semiconductor Play

Here’s What Makes Microchip Technology Stock A Strong Semiconductor Play

We think that Microchip Technology Inc. currently is a better semiconductor technology bet compared to Texas Instruments Incorporated. MCHP stock trades at 8.1x trailing revenues, lower than that of TXN, whose P/S multiple stands at 10x. Does this gap in the companies’ valuations make sense?…