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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 ...
Microchip Technology MCHP-0.14%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 ...
Microchip Technology said it plans to cut its workforce following slower-than-expected turns orders and manufacturing restructuring plans. The Chandler, Ariz., total system solutions provider said ...
Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers, sending its shares up ...
Microchip Technology said on Tuesday an "unauthorized party" disrupted the company's use of certain servers and some business operations, marking the latest security incident at a U.S. chipmaker ...
Microchip Technology shares surged Friday after the struggling chipmaker issued a better-than-expected forecast, and several analysts raised their price targets for the stock.
Microchip Technology. By Amy Edelen – Reporter, Phoenix Business Journal. Jan 4, 2024. Preview this article 1 min. A publicly traded Chandler-based company has landed $162 million in CHIPS Act ...
Microchip Technology said Thursday it is shelving a deal for $162 million in federal CHIPS Act subsidies to expand in Oregon and Colorado. “I have put the negotiations with the CHIPS office on ...