Microchip notes that its press release on May 29, 2025 incorrectly stated that the date of the BofA conference was June 3 (not June 4) and that $1.025 billion was the low of its prior guidance ...

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $60.64, along with a high estimate of $71.00 and a low estimate of $43.00. A 0.93% drop ...

CHANDLER, Ariz., May 27, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today ...

The board of Microchip Technology Incorporated (NASDAQ:MCHP) has announced that it will pay a dividend on the 5th of June, with investors receiving $0.455 per share. This makes the dividend yield ...

ARIZONA BUSINESS Microchip Technology’s turnaround plan shows progress, CEO says company better positioned May 11, 2025, 5:45 AM ...

Microchip Technology announced it has brought in Macquarie Group to facilitate the sale of its manufacturing facility in Tempe, Ariz. The semiconductor firm also launched a $1.35 billion ...

Microchip reported a loss of $53.6 million on sales of $1.03 billion during its latest quarter ending Dec. 31. That compared to a profit of $419.2 million on $1.77 billion in sales in the year ...

March 3 (Reuters) - Microchip Technology (MCHP.O) said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing demand from ...

Microchip Technology MCHP -1.15% is reducing its workforce across manufacturing and corporate operations by about 2,000 as the embattled chip maker looks to cut costs amid declining sales.

Microchip Technology By Christopher Bjorke – Digital Producer/Associate Editor, Portland Business Journal Mar 3, 2025 Updated Mar 3, 2025 8:45am PST Preview this article 1 min ...

Microchip Technology shows an upward trend in this metric from 2020 to 2023, but it appears to level off or slightly decline in 2024, Microchip Technology improved its EBIT margin significantly ...

He added that Microchip Technology has even higher exposure to "industrial microcontrollers that saw (in hindsight) unsustainable pricing, take/pay contracts and excess inventory issues," which ...