Despite a decline in net sales, Microchip Technology Inc (MCHP) focuses on innovation and efficiency to drive future growth.
What Happened? Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 7% in the morning session after the company ...
Shares of semiconductor Microchip Technology Inc. (MCHP) declined 6.9% in the extended trading on Thursday and are currently down ...
Guidance for Q4 revenue ($920 million-$1 billion) reflects a sequential decline from Q3 but highlights a narrower range, suggesting some stabilization. This compares to Q3 guidance of $1.025 ...
US-based MCU and analog chip developer Microchip Technology released a fourth-quarter net sales prediction that did not meet ...
Excluding nonrecurring items, such as restructuring costs and the effects of share-based compensation, adjusted earning per share of 20 cents missed the FactSet consensus of 27 cents. The margin of ...
Microchip is highly leveraged after making several acquisitions a decade ago. As of September 2024, Microchip held $0.3 billion of cash versus $6.4 billion of debt. The company believes it has ...
We recently compiled a list of the 35 Chip Stocks In Focus Amid Tech Selloff. In this article, we are going to take a look at where Microchip Technology Incorporated (NASDAQ:MCHP) stands against the ...
B. Riley analyst Craig Ellis lowered the firm’s price target on Microchip (MCHP) to $75 from $85 and keeps a Buy rating on the shares. The ...
In a recent episode of —hosted by Nicolai Tangen, CEO of Norges Bank Investment Management—Christophe Fouquet, President and ...
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% ...
Global semiconductor chip sales rose 19.1% to $627.6 billion in 2024 and growth is expected to grow double-digit percentages in 2025.