Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers, sending its shares up ...

Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers, sending its shares up ...

Microchip Technology stock (NASDAQ:MCHP), a firm that produces microcontrollers, mixed-signal, analog, and Flash-IP integrated circuits, surged nearly 12% in Friday's trading and is up 17% over ...

The Unified Program and Debug Interface (UPDI) is Microchip’s proprietary interface for programming and on-chip debugging, and has become the standard on AVR MCUs after Microchip’s purc… ...

Microchip company ceases operations, pet owners urged to re-register By Jessica Guay Updated on: February 12, 2025 / 5:21 PM EST / CBS Pittsburgh ...

For example, Microchip said it earned a profit of $207 million over the first six months of the current fiscal year through Sept. 30. That's down from $1.33 billion over the same six-month period ...

Microchip expects net sales to be $1.02-$1.07 billion for the first quarter of fiscal 2026. Non-GAAP earnings are anticipated between 18 cents per share and 26 cents per share.

Microchip’s adjusted gross margin of 52% missed its outlook of 53%, but we’re not concerned, as the miss stemmed from more aggressive inventory reductions.

Microchip Technology Inc. (NASDAQ:MCHP) shares are trading higher premarket on Friday after the company reported fourth-quarter results after Thursday’s closing bell. Revenue fell 26.8% year ...