Shares of Microchip Technology Inc. were heading for a more than four-year low Friday, after the semiconductor maker said it was too early to call a bottom in its business and did not raise its ...
Chipmaker Microchip Technology forecast fourth-quarter net sales and profit below Wall Street estimates on Thursday, anticipating tepid demand as customers in the automotive market still work on ...
Microchip Technology's revenue has been declining for four consecutive quarters. Read more to see why I'm very bearish on ...
Piper Sandler adjusted its outlook on Microchip Technology (NASDAQ:MCHP) shares, reducing the price target to $65 from the previous $85 while maintaining an Overweight rating on the stock. The firm's ...
Chinese companies dramatically increased legacy chip production capacity in recent years. By 2027, China's share is projected ...
Truist lowered the firm’s price target on Microchip (MCHP) to $56 from $68 and keeps a Hold rating on the shares. The company missed estimates ...
Arm's third-quarter revenue rose 19% to $983 million, compared with analyst estimates of $946.7 million. The UK chip designer ...
Q3 2025 Management View Steve Sanghi, CEO, announced several strategic initiatives as part of a nine-point plan. Key decisions include the closure of the Tempe Fab (Fab 2), capacity adjustments at ...
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