CHANDLER, Ariz., April 15, 2024 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) has acquired Neuronix AI Labs to expand its capabilities for power-efficient, AI-enabled edge solutions ...

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 ...

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 ...

Wall Street investors have responded to the initial results of the turnaround plan instituted by Microchip Technology's CEO that included job cuts, an Arizona plant closure and inventory reduction.

Microchip Technology MCHP3.72%increase; green up 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 is cutting a huge chunk of its workforce and plans to close its East Valley factory earlier than expected as the Chandler-based semiconductor company seeks to cut costs and ...