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 ...

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 ...

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 MCHP-2.55%decrease; red down pointing triangle said it plans to cut its workforce following slower-than-expected turns orders and manufacturing restructuring plans.

Microchip Technology is cutting a huge chunk of its workforce and plans to close its East Valley factory earlier than expected as the Chandler-based semiconductor company seeks to cut costs and ...

A nalog chipmaker Microchip Technology (NASDAQ:MCHP) announced in Q1 CY2025, but sales fell by 26.8% year on year to $970.5 million. On top of that, next quarter’s revenue guidance ($1.05 ...

Microchip Technology seeks to cut costs and resize its operations in cutbacks hitting its Colorado operations and companywide. Colorado tries to lure over 1,500 jobs with incentives Semiconductor ...

American chipmaker Microchip Technology Incorporated has disclosed that a cyberattack impacted its systems over the weekend, disrupting operations across multiple manufacturing facilities.

Aug 20 (Reuters) - Microchip Technology (MCHP.O), opens new tab said on Tuesday an "unauthorized party" disrupted the company's use of certain servers and some business operations, marking the ...

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 ...

Microchip Technology Inc. is pausing its application for US semiconductor subsidies, making it the first known company to step back from a program designed to revitalize American chipmaking. The ...

American semiconductor supplier Microchip Technology Incorporated has confirmed that employee information was stolen from systems compromised in an August cyberattack, which was later claimed ...