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 ...

Microchip Technology will lay off 2,000 workers ... Microchip said in December it would shut down its wafer manufacturing operations in Tempe, Arizona. On Monday, it said it would close that ...

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 ...

Microchip Technology Inc. (NASDAQ ... announced today that it is selling its Tempe, Arizona-based wafer fabrication facility, known as Fab 2. The move is a strategic part of the company’s ...

Also, the company closed its Tempe wafer fabrication facility due to elevated inventory levels and ample capacity. Microchip Technology is down 3.4% since the beginning of the year, and at $54.95 ...

Have you ever wondered how your computer, smartphone, or tablet comes to life? It all starts with a microchip, a tiny yet ...

Microchip Technology has hired a company to oversee ... its operational efficiency and increase profitability. The Tempe wafer-fabrication facility, known as factory or Fab 2, is located at ...