News

Microchip Technology will lay off 2,000 workers ... Microchip said in December it would shut down its wafer manufacturing operations in Tempe, Arizona. On Monday, it said it would close that ...
These days, just about everything has a microchip in it, so you may be wondering how many of those are made in the U.S. You ...
Microchip Technology (MCHP) shares fell Thursday as the struggling semiconductor firm said it hired Macquarie Group to help sell its Fab 2 wafer fabrication plant in Arizona, and launched a $1.35 ...
Microchip Technology Inc. (NASDAQ ... announced today that it is selling its Tempe, Arizona-based wafer fabrication facility, known as Fab 2. The move is a strategic part of the company’s ...
March 20, 2025 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announced it has engaged Macquarie Group to oversee the marketing and sale of its wafer fabrication facility (“Fab 2 ...
Also, the company closed its Tempe wafer fabrication facility due to elevated inventory levels and ample capacity. Microchip Technology is down 3.4% since the beginning of the year, and at $54.95 ...
March 20, 2025 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announced it has engaged Macquarie Group to oversee the marketing and sale of its wafer fabrication facility (“Fab 2 ...
Microchip Technology, which has faced headwinds in the market for its computer chips this year, plans to close down its Valley factory in 2025 to reduce costs, affecting hundreds of workers.