News

Microchip Technology Inc. (NASDAQ:MCHP) shares are trading higher premarket on Friday after the company reported fourth-quarter results after Thursday’s closing bell. Revenue fell 26.8% year ...
CHANDLER, Ariz., May 02, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today ...
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 ...
Microchip Technology Inc. has hired Macquarie Group to facilitate marketing and sale of its Tempe wafer fabrication facility, the Chandler-based semiconductor company announced Thursday.
Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 7% in the pre-market session after the company announced it was raising roughly $1.35 billion in convertible debt. The stock ...
Investing.com -- Moody’s Ratings has downgraded the senior unsecured rating of Microchip Technology Inc (NASDAQ:MCHP). (Microchip) from Baa1 to Baa2, while also changing the company’s outlook ...
Microchip Technology has announced plans to lay off workers at its Oregon and Colorado facilities, blaming weak sales and a growing inventory surplus. Job losses announced by Microchip Credit: ...
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 said on Monday it will cut around 2,000 jobs, or about 9 per cent of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers.
Microchip Technology to Cut 2,000 Jobs as Automotive Demand Wilts (Reuters) -Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures ...
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 will announce layoffs of factory workers Monday at its plants in Oregon and Colorado as the chipmaker responds to plunging sales. “At this time, our analysis is still ...