Microchip Technology Inc. Net sales of $1.164 billion, down 6.2% sequentially and down 48.4% from the year ago quarter. The midpoint of our guidance provided on August 1, 2024 was net sales of $1. ...

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 ...

Greetings, and welcome to Microchip’s Q2 Fiscal Year 2025 Financial ... We’re also seeing increased end customer qualification activity with our CXL controller solutions, which will enable ...

revenue above estimates Chipmaker Microchip Technology forecast first-quarter revenue and profit above estimates following an upbeat fourth-quarter revenue on Thursday, signaling a recovery in ...

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 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 ...

Microchip Technology MCHP-3.20%decrease; red down pointing triangle is reducing its workforce across manufacturing and corporate operations by about 2,000 as the embattled chip maker looks to cut ...

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

The notes will be senior, unsecured obligations of Microchip. The notes will bear interest at a rate of 0.75% per year. Interest will be payable semi-annually in arrears on June 1 and December 1 ...

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

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 ...