Analog chipmaker Microchip Technology (NASDAQ:MCHP) in Q4 CY2024, with sales falling 41.9% year on year to $1.03 billion.
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 ...
Reports Q3 revenue $1.026B, consensus $1.05B. “Our December quarter performance reflects the need for the decisive steps we are taking to ...
Microchip expects net sales in the range of $920 million to $1 billion for the fourth quarter, compared with analysts' average estimate of $1.06 billion, according to data compiled by LSEG. It expects ...
In addition, Microchip’s board unexpectedly announced that CEO Ganesh Moorthy (who led the company since 2021) would retire with the current chairman and long-tenured former CEO Steve Sanghi ...
Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today ...
Microchip Technology’s stock was falling after the semiconductor maker kept its dividend flat for first time in four years, reported quarterly sales that fell to a seven-year low and gave an outlook ...
CHANDLER, Ariz. - Microchip Technology Incorporated (NASDAQ:MCHP), a key player in embedded control solutions, has announced the appointment of Victor Peng to its Board of Directors. Peng, known for ...