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 ...
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 MicrochipTechnology 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 ...
MicrochipTechnology (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 ...