News

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 ...
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 ...
Microchip Technology detailed plans Monday to lay off 2,000 more workers across the company as it responds to steeply falling sales. The Oregonian/OregonLive reported last week that the Arizona ...
(Reuters) -Chipmaker Microchip Technology forecast first-quarter revenue and profit above estimates following an upbeat fourth-quarter revenue on Thursday, signaling a recovery in demand for its ...
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 ...
Microchip Technology has announced plans to reduce its workforce by approximately 2,000 employees as part of a broader cost-cutting and restructuring initiative. The US-based semiconductor company ...
Microchip Technology seeks to cut costs and resize its operations in cutbacks hitting its Colorado operations and companywide. Colorado tries to lure over 1,500 jobs with incentives Semiconductor ...
Microchip Technology saw its shares decline by 10% over the past week, a notable contrast to the upward trend in some tech stocks like Tesla. This decline happened despite investors generally ...
The Business Journal has the full story here. Microchip Technology will lay off 2,000 workers, including at its facilities in Gresham, Colorado and the Philippines, it said in a filing Monday.
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 ...