News

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 ...
revenue above estimates Chipmaker Microchip Technology forecast first-quarter revenue and profit above estimates following an upbeat fourth-quarter revenue on Thursday, signaling a recovery in ...
Microchip Technology MCHP-3.20%decrease; red down 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 faces significant challenges, including a 50% revenue drop, declining margins, and high debt levels, making current investments unattractive. The company's heavy reliance on ...
A nalog chipmaker Microchip Technology (NASDAQ:MCHP) announced in Q1 CY2025, but sales fell by 26.8% year on year to $970.5 million. On top of that, next quarter’s revenue guidance ($1.05 ...
Microchip Technology is a diversified analog and mixed signal semiconductor company focused on designing and manufacturing chips and sensors for various industries. The company's current strategy ...
Microchip Technology Inc. is pausing its application for US semiconductor subsidies, making it the first known company to step back from a program designed to revitalize American chipmaking. The ...
The notes will be senior, unsecured obligations of Microchip. The notes will bear interest at a rate of 0.75% per year. Interest will be payable semi-annually in arrears on June 1 and December 1 ...
American chipmaker Microchip Technology Incorporated has disclosed that a cyberattack impacted its systems over the weekend, disrupting operations across multiple manufacturing facilities.
Microchip Technology MCHP-0.47%decrease; red down pointing triangle said its board’s compensation committee approved a reduction in salary for the company’s chief executive and president ...