Microchip Technology's 2024 performance was poor, with excessive inventory and mismanagement leading to a significant share price decline. Elevated inventory levels forced price reductions, severely ...
Microchip Technology (MCHP) is making headlines with a string of new launches, including the PIC32-BZ6 MCU for smart connectivity and Switchtec Gen 6 PCIe Switches for AI applications. Investors are ...
Microchip Technology (MCHP) has seen its stock gain about 5% over the past month following a period of heightened activity in the semiconductor sector. Recent performance reflects a mix of shifting ...
Microchip Technology detailed plans Monday to lay off 2,000 more workers across the company as it responds to steeply falling sales. The Oregonian/OregonLive reported last week that the Arizona-based ...
Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 2.8% in the morning session after a weak revenue outlook from industry peer Texas Instruments (TXN) sparked a broad sell-off across ...