At the beginning of December 2024, Microchip Technology Inc. (NASDAQ:MCHP) announced a restructuring plan and updated its guidance in response to the excess inventory and overcapacity situation.

Microchip Technology Inc. (NASDAQ:MCHP) Microchip Technology saw its share prices jump by 12.6 percent on Friday to end at $55.33 apiece as investors loaded up positions after earning a rating ...

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. 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 ...

Shares of Microchip Technology Inc. MCHP slipped 3.24% to $65.73 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 1.13% to ...

Microchip Technology Inc. (NASDAQ:MCHP) Q3 2023 Earnings Conference Call February 2, 2023 5:00 PM ETCompany Participants. Ganesh Moorthy - President & Chief Executive Officer James Eric Bjornholt ...

Excluding items, Microchip Technology Inc. reported adjusted earnings of $310.3 million or $0.57 per share for the period. Analysts on average had expected the company to earn $0.57 per share ...

Shares of Microchip Technology Inc. MCHP shed 4.05% to $92.09 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA ...

Excluding items, Microchip Technology Inc. reported adjusted earnings of $107.3 million or $0.20 per share for the period. Analysts projected $0.28 per share Revenue: $1.026 billion in Q3 vs. $1. ...