Microchip Technology plans to shut down its Tempe, Arizona, wafer facility by September 2025, citing high inventory levels and available capacity at its Oregon and Colorado factories, according to ...

Microchip Technology Inc. will close its Tempe semiconductor ... 52nd Street in Tempe, and equipment from the plant are available for sale. The company did not specify why the closure was accelerated.

Microchip Technology Inc., a maker of chips for cars, consumer devices and other products, said it would close a plant in Tempe, Arizona, affecting about 500 employees. The company also said that ...

Microchip Technology has announced plans to reduce ... s December 2024 decision to shut down its Fab 2 wafer fabrication plant in Tempe, Arizona. The company now anticipates the closure to be ...

Microchip Technology will lay off 2,000 workers ... On Monday, it said it would close that plant several months sooner than previously planned and sell the facility. It estimated the job cuts ...

Microchip Technology faces significant challenges, including a 50% revenue drop, declining margins, and high debt levels, making current investments unattractive. The company's heavy reliance on ...

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 ...

Greetings, and welcome to the Microchip's Q3 Fiscal '25 Financial ... In the rest of our smaller plants worldwide, there is a plan for each plant based on the specific demand in each plant.