Microchip Technology forecast third-quarter revenue and profit below estimates on Tuesday, indicating a sluggish demand from automotive customers amid economic uncertainty, sending its shares down ...
Headquartered in Chandler, Arizona, Microchip Technology Incorporated (MCHP) specializes in designing, manufacturing, and ...
In the assessment of 12-month price targets, analysts unveil insights for Microchip Technology, presenting an average target of $90.0, a high estimate of $100.00, and a low estimate of $80.00.
Microchip Technology raised its dividend by 0.1 cents to 45.5 cents per share, but its stock fell after projecting fiscal third-quarter results that missed analyst expectations. The new payout, equal ...
Ahead of the events, analysts expect Microchip Technology to report a profit of $0.37 per share, down 76% from $1.54 per share reported in the year-ago quarter. The company surpassed or met the ...
Microchip Technology (NASDAQ:MCHP – Get Free Report) last released its earnings results on Thursday, August 1st.The semiconductor company reported $0.53 earnings per share (EPS) for the quarter ...
As the sector experiences a bifurcation between artificial intelligence (AI) focused companies and diversified semiconductor firms, MCHP faces both opportunities and challenges in maintaining its ...
Microchip Technology Inc. is “making progress” toward a final agreement with federal officials for a CHIPS Act award, the ...