Microchip Technology (NasdaqGS:MCHP) has raised its earnings guidance for the fiscal first quarter of 2026, signaling anticipated improved performance, which may have added positive momentum to ...

Microchip Technology said Thursday it is shelving a deal for $162 million in federal CHIPS Act subsidies to expand in Oregon and Colorado. “I have put the negotiations with the CHIPS office on ...

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 ...

NEW YORK, March 19 (Reuters) - Shares of Microchip Technology (MCHP.O), opens new tab fell more than 3% on Wednesday after the chipmaker announced plans to raise capital by offering $1.35 billion ...

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.

More than 200 Microchip Technology employees in Colorado Springs will receive pink slips this month, part of the chipmaker's plans to lay off about 2,000 of its workers amid declining demand from ...