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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 ...
Microchip Technology MCHP0.01%increase; green up pointing triangle is reducing its workforce across manufacturing and corporate operations by about 2,000 as the embattled chip maker looks to cut ...
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 ...
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 Incorporated (MCHP) is a prominent American semiconductor company specializing in smart, connected, and secure embedded control solutions valued at a market cap of $21.2 billion.
Microchip Technology is cutting a huge chunk of its workforce and plans to close its East Valley factory earlier than expected as the Chandler-based semiconductor company seeks to cut costs and ...
Microchip Technology shares soared Friday after the chipmaker issued a better-than-expected outlook, and several analysts raised their price targets for the stock. Jefferies analysts said they ...