two chip stocks that have been touted by analysts as safer picks amid the market’s general turmoil and slowing demand for semiconductors just saw significant buying by insiders morgan stanley analyst joseph moore wrote in a report this month that microchip technology ticker mchp was one of his two top overweightrated ideas among broadbased chip suppliers microchip has “one of the best operating models and broadest portfolios in semis” he wrote moore has an 81 price target on microchip stock