Microchip Technology Inc. has made progress on its plan to turn around the Chandler-based semiconductor company’s overall performance and bottom line, the company’s top executive said Thursday.

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.

Analog chipmaker Microchip Technology (NASDAQ:MCHP) announced better-than-expected revenue in Q1 CY2025, but sales fell by 26.8% year on year to $970.5 million. On top of that, next quarter’s ...

Analog chipmaker Microchip Technology (NASDAQ:MCHP) announced better-than-expected revenue in Q1 CY2025, but sales fell by 26.8% year on year to $970.5 million. On top of that, next quarter’s revenue ...

Microchip Technology Incorporated’s (NASDAQ:MCHP) net sales in the December quarter were $1.026 billion, down 11.8% sequentially and down 41.9% from Q4 2023. While we acknowledge the potential of ...

Alongside the ongoing FREE credits on the new 2025 3D and OLED Odyssey monitors as well as Samsung’s new Vision AI smart TVs, today’s batch of deals is now ready to go.Firstly, we spotted a ...

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 announced it has brought in Macquarie Group to facilitate the sale of its manufacturing facility in Tempe, Ariz. The semiconductor firm also launched a $1.35 billion ...

CHANDLER, Ariz. - Microchip Technology Inc. (NASDAQ:MCHP), a leading provider of embedded control and processing solutions with a market capitalization of $29.3 billion, announced today that it is ...

Microchip Technology Incorporated MCHP shares are trading lower premarket on Thursday. On Wednesday, the company disclosed the launch of a public offering of $1.35 billion of depositary shares.

Microchip Technology has hired a company to oversee the marketing and sale of its semiconductor manufacturing plant in Tempe. The move is part of the Chandler-based chipmaker's plans to enhance ...

Microchip Technology to cut 2,000 jobs as automotive demand wilts Shares of the Chandler, Arizona-based company slumped more than 36% in 2024. Reuters; Updated On Mar 4, 2025 at 11:14 AM IST; ...