Over the last six months, Microchip Technology shares have sunk to $58.31, producing a disappointing 17.1% loss - worse than the S&P 500’s 2.2% drop. This may have investors wondering how to ...

Microchip Technology Inc. will close its Tempe semiconductor wafer manufacturing facility in May, several months earlier than expected. The closure will result in the layoff of 330 employees and ...

Wall Street investors have responded to the initial results of the turnaround plan instituted by Microchip Technology's CEO that included job cuts, an Arizona plant closure and inventory reduction.

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 ...

Microchip Technology is up ~6% in after-hours trading Thursday after releasing fiscal 2025 Q4 results that beat on both lines and initiating FY26 Q1 EPS guidance. The company projects Q1 non-GAAP ...

More than 200 Microchip Technology employees in Colorado Springs will receive pink slips this month, part of the chipmaker's plans to lay off about 2,000 of its workers amid declining demand from ...

March 3 (Reuters) - Microchip Technology (MCHP.O), opens new tab said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing ...

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 ...