shares of microchip technology inc mchp inched 041 higher to 14484 friday on what proved to be an allaround positive trading session for the stock market with the sp 500 index spx rising 081 to 444167 and the dow jones industrial average djia rising 065 to 3512008 this was the stocks second consecutive day of gains microchip technology inc closed 2183 short of its 52week high 16667 which the company reached on february 17th the stock demonstrated a mixed performance when compared to some of its competitors friday as texas instruments inc txn fell 004 to 18497 analog devices inc adi fell 009 to 16664 and stmicroelectronics nv stm rose 098 to 4233 trading volume 24 m eclipsed its 50day average volume of 19 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