Microchip Technology shifts focus to high-growth markets like AI and 5G, but macro uncertainty and inventory issues pose risks. Click to read why MCHP is a Sell.

Microchip Technology Inc. has hired Macquarie Group ... to sell its Tempe factory — known as Fab 2 — as part of the company’s previously announced plan to cut costs and resize its total ...

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 ...

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 ...

The information about the planned sale of Fab 2 is based on a press release statement from Microchip Technology. The company has not disclosed any financial details or the expected timeline for ...

CHANDLER, Ariz., 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 ...

Microchip Technology ... the semiconductor and technology team of Macquarie Group. Need a break? Play the USA TODAY Daily Crossword Puzzle. “The closure and sale of Fab 2 is the latest ...

NEW YORK, March 19 (Reuters) - Shares of Microchip Technology (MCHP.O), opens new ... reductions will be concentrated in its factories in Gresham, Oregon and Colorado Springs, Colorado, and ...

Microchip Technology, which will keep its corporate headquarters in west Chandler, has a wafer fab in Gresham, Oregon, which has room for expansion, and one in Colorado Springs, Colorado. The ...