Microchip Technology seeks to cut costs and resize its operations in cutbacks hitting its Colorado operations and companywide. Microchip Technology Inc. will cut 9% of its total workforce ...

Microchip expects to grant the underwriters of the offering a 13-day option to purchase up to an additional $135 million of depositary shares, solely to cover over-allotments, if any.

Microchip Technology has hired a company to oversee the marketing and sale of its semiconductor manufacturing plant in Tempe. The move is part of the Chandler-based chipmaker's plans to enhance ...

Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 7% in the pre-market session after the company announced it was raising roughly $1.35 billion in convertible debt. The stock ...

Microchip’s sales were down 45% through the first nine months of the year, at $3.4 billion. The company recorded a profit of ...

Microchip told investors last week that it has 266 days’ worth of inventory on hand. Its target is 130 to 150 days. The company said it doesn’t believe the market has hit bottom yet.

In an abrupt turnaround from enthusiastic hiring announcements a year ago, semiconductor manufacturer Microchip has announced the layoffs of 238 employees from its Colorado Springs facility.

Microchip is to lay off 2,000 people representing 9% of its workforce because of weak automotive demand. In December of last year the company said it was closing its Arizona fab in Q3 2025 which would ...

An undocumented set of low-level commands has been discovered in the ESP32 microchip, a widely used component in IoT devices. Manufactured by the Chinese company Espressif, the ESP32 is a crucial ...