Why Microchip Technology (MCHP) Shares Are Getting Obliterated Today
What Happened? Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 7% in the morning session after the company reported disappointing fourth-quarter results, with revenue declining 41.9% compared to the previous year,
Microchip Technology Inc (MCHP) Q3 2025 Earnings Call Highlights: Navigating Revenue Challenges ...
Despite a decline in net sales, Microchip Technology Inc (MCHP) focuses on innovation and efficiency to drive future growth.
Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2025
Net sales of $1.026 billion, down 11.8% sequentially and down41.9% from the year ago quarter. Our updated guidance provided on December 2, 2024
Microchip Technology (MCHP) Could be the Under-the-Radar AI Play About to Pop
To be fair, Microchip isn’t as exciting as primary chip designers like Nvidia (NASDAQ: NVDA) or Advanced Micro Devices (NASDAQ: AMD ). However, it’s more than fair to say that Microchip plays an important support role in the broader machine intelligence ecosystem.
Microchip Tech: Fiscal Q3 Earnings Snapshot
Microchip Technology Inc. (MCHP) on Thursday reported a loss of $53.6 million in its fiscal third quarter. The Chandler, Arizona-based company said it had a loss of 10 cents per share. Earnings, adjusted for one-time gains and costs,
Microchip Technology Stock Down On Q3 Loss, Q4 Loss Outlook; Lifts Dividend
Shares of semiconductor Microchip Technology Inc. (MCHP) declined 6.9% in the extended trading on Thursday and are currently down
Microchip Technology (MCHP) Misses Q3 Earnings and Revenue Estimates
Microchip Technology (MCHP) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.
Microchip Technology (NASDAQ:MCHP) Misses Q4 Analysts’ Revenue Estimates
Analog chipmaker Microchip Technology (NASDAQ:MCHP) in Q4 CY2024, with sales falling 41.9% year on year to $1.03 billion. Next quarter’s revenue guidance of $960 million underwhelmed, coming in 9.2% below analysts’ estimates.
Citi cuts Microchip Technology target to $65, maintains Buy rating
Citi analysts revised their price target for Microchip Technology (NASDAQ:MCHP) stock, reducing it to $65 from the previous $65, while continuing to endorse the stock with a Buy rating. The adjustment ...
Microchip Technology Shares Fall After Worse-Than-Expected Q3 Report
Microchip Technology reported its third-quarter financial results after Thursday's closing bell. Here's a look at the details ...
Microchip Technology's Valuation Is Unjustifiable
Microchip Technology's revenue has been declining for four consecutive quarters. Read more to see why I'm very bearish on ...
Microchip forecasts dour quarterly results as customers reduce excess inventory
Chipmaker Microchip Technology forecast fourth-quarter net sales and profit below Wall Street estimates on Thursday, anticipating tepid demand as customers in the automotive market still work on ...
Microchip Technology Inc. stock outperforms competitors on strong trading day
This was the stock's second consecutive day of gains.
Chip Tech Provider Arm Forecasts Quarterly Revenue Above Expectations
Arm's third-quarter revenue rose 19% to $983 million, compared with analyst estimates of $946.7 million. The UK chip designer ...
Microchip price target lowered to $56 from $68 at Truist
Truist lowered the firm’s price target on Microchip (MCHP) to $56 from $68 and keeps a Hold rating on the shares. The company missed estimates ...
Why Microchip would rather borrow money to pay its high dividend than cut it
Microchip Technology’s stock was falling after the semiconductor maker kept its dividend flat for first time in four years, reported quarterly sales that fell to a seven-year low and gave an outlook ...