shares of microchip technology inc mchp inched 025 higher to 6525 wednesday on what proved to be an allaround rough trading session for the stock market with the sp 500 index spx falling 078 to 395500 and dow jones industrial average djia falling 088 to 3151043 this was the stocks second consecutive day of gains microchip technology inc closed 2475 below its 52week high 9000 which the company achieved on december 28th the stock outperformed some of its competitors wednesday as texas instruments inc txn fell 092 to 16521 analog devices inc adi fell 079 to 15153 and stmicroelectronics nv stm fell 138 to 3490 trading volume 68 m eclipsed its 50day average volume of 44 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use