News

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 is down 2.7% since the beginning of the year, and at $55.33 per share, it is trading 44.4% below its 52-week high of $99.49 from May 2024. Investors who bought $1,000 worth of ...
The Business Journal has the full story here. Microchip Technology will lay off 2,000 workers, including at its facilities in Gresham, Colorado and the Philippines, it said in a filing Monday.
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 Inc. will close its Tempe semiconductor wafer manufacturing facility in May, several months earlier than expected. The closure will result in the layoff of 330 employees and ...
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 ...
Microchip Technology will announce layoffs of factory workers Monday at its plants in Oregon and Colorado as the chipmaker responds to plunging sales. “At this time, our analysis is still ...
Microchip Technology MCHP reported fiscal fourth-quarter revenue of $970 million, down 27% year over year but ahead of guidance. June-quarter revenue is expected to be ahead of FactSet consensus ...