Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) jumped 2.5% in the morning session after a sector-wide rally driven by strong earnings from peer chip designer Broadcom (AVGO). Broadcom, ...

Microchip Technology's 2024 performance was poor, with excessive inventory and mismanagement leading to a significant share price decline. Elevated inventory levels forced price reductions, severely ...

Earlier this month, Microchip Technology reported first quarter results with US$1.08 billion in sales and a net loss of US$18.6 million, and issued cautious second quarter guidance forecasting net ...

In the latest quarter, 17 analysts provided ratings for Microchip Technology (NASDAQ:MCHP), showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ...

Microchip Technology MCHP is expanding its footprint in the space domain with its radiation-tolerant (RT) PolarFire FPGA, which is now QML Class Q qualified, a designation provided by the Defense ...

Microchip Technology said Thursday it is shelving a deal for $162 million in federal CHIPS Act subsidies to expand in Oregon and Colorado. “I have put the negotiations with the CHIPS office on hold ...

American semiconductor supplier Microchip Technology Incorporated has confirmed that employee information was stolen from systems compromised in an August cyberattack, which was later claimed by the ...

Microchip Technology detailed plans Monday to lay off 2,000 more workers across the company as it responds to steeply falling sales. The Oregonian/OregonLive reported last week that the Arizona-based ...

Microchip Technology announced it has brought in Macquarie Group to facilitate the sale of its manufacturing facility in Tempe, Ariz. The semiconductor firm also launched a $1.35 billion convertible ...