Over the last six months, Microchip Technology shares have sunk to $58.31, producing a disappointing 17.1% loss - worse than the S&P 500’s 2.2% drop. This may have investors wondering how to ...

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 ...

(Reuters) -Chipmaker Microchip Technology forecast first-quarter revenue and profit above estimates following an upbeat fourth-quarter revenue on Thursday, signaling a recovery in demand for its ...

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 ...

NEW YORK, March 19 (Reuters) - Shares of Microchip Technology (MCHP.O), opens new tab fell more than 3% on Wednesday after the chipmaker announced plans to raise capital by offering $1.35 billion ...

More than 200 Microchip Technology employees in Colorado Springs will receive pink slips this month, part of the chipmaker's plans to lay off about 2,000 of its workers amid declining demand from ...