Microchip Technology Inc. (NASDAQ:MCHP) surged by 22.8 percent last week, expecting net sales growth of 12 percent year-on-year. SailPoint, Inc. (SAIL) predicts GAAP EPS at $0.02 and non-GAAP EPS at $0.40. Microchip’s CEO cites exceeding expectations and progress in strategic initiatives. Potential investment lies in AI stocks for higher returns.

Read more at Yahoo Finance: Microchip Technology (MCHP) Climbs 22.8% on Upbeat Outlook