Microchip Technology Inc. vs ProShares Ultra Semiconductors — how do they compare? Microchip Technology Inc. trades at $82.5 (market cap $43.99B), while ProShares Ultra Semiconductors trades at $91.35. The key difference: Microchip Technology Inc. pays a 2.25% dividend while ProShares Ultra Semiconductors pays none. Which is the better fit depends on your goals.
| MCHP | USD | |
|---|---|---|
Market Cap | $43.99B | — |
Sector | Technology | Leveraged / Inverse |
52-Week High | $102.97 | $113.53 |
52-Week Low | $49.02 | $40.97 |
Enterprise Value | $49.12B | — |
Dividend Yield | 2.25% | — |
Trailing returns across standard periods
Latest headlines on both assets
Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Read more on MCHP →USD is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Semiconductors™ Index. It is a tactical instrument designed for sophisticated traders looking to magnify short-term bullish views on the U.S. semiconductor industry, specifically focusing on large-cap leaders in the chip and equipment space.
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