These Analysts Slash Their Forecasts On Microchip Technology Following Q2 Results
Microchip Technology Incorporated (NASDAQ:MCHP) reported upbeat earnings for its second quarter on Tuesday. The company posted quarterly earnings of 46 cents per share which beat the analyst consensus estimate of 43 cents per share.
Microchip Technology Reports $21.4 Million Cost From Ransomware Attack
Microchip Technology’s latest financial report reveals the company’s expenses due to the recent cybersecurity incident.
Microchip Technology Reports Q2 Fiscal 2025 Results
Microchip Technology ( (MCHP) ) has released its Q2 earnings. Here is a breakdown of the information Microchip Technology presented to its
Microchip Tech: Fiscal Q2 Earnings Snapshot
Microchip Technology Inc. (MCHP) on Tuesday reported fiscal second-quarter profit of $78.4 million. The Chandler, Arizona-based company said it had profit of 14 cents per share. Earnings, adjusted for one-time gains and costs,
Microchip Technology Incorporated (MCHP) Q2 2025 Earnings Call Transcript
Greetings, and welcome to Microchip’s Q2 Fiscal Year 2025 Financial Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation.
Microchip Tech (MCHP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Microchip Technology (MCHP) reported $1.16 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 48.4%. EPS of $0.46 for the same period compares to $1.62 a year ago.
Microchip Positioned for 2025 Recovery Despite Near-Term Challenges
Mizuho Securities analyst Vijay Rakesh has maintained their bullish stance on MCHP stock, giving a Buy rating yesterday. Vijay Rakesh has ...
The Analyst Verdict: Microchip Technology In The Eyes Of 4 Experts
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.
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8 Best Blue Chip Stocks To Buy in November 2024
Blue chip stocks are among the safest and most secure buys that investors can add to their portfolios. Here are some of the ...
Microchip’s Resilient Market Positioning and Long-Term Growth Potential Amid Short-Term Challenges
Susquehanna analyst Christopher Rolland has reiterated their bullish stance on MCHP stock, giving a Buy rating today. Christopher Rolland has ...
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Nvidia Briefly Overtakes Apple as World's Most Valuable Company
Nvidia (NVDA) shares rose Monday, briefly propelling the AI chip leader above Apple (AAPL) to claim the top spot on the ...
Tessolve to acquire German chip design company for up to ₹400 crore
The company said this acquisition positions Tessolve among a select group of design firms worldwide capable of delivering ...
Exclusive: OpenAI builds first chip with Broadcom and TSMC, scales back foundry ambition
OpenAI is working with Broadcom and TSMC to build its first in-house chip designed to support its artificial intelligence ...
American chip equipment makers are cutting off China
As the U.S. continues to strengthen restrictions on advanced technology in China, U.S.-based chip equipment manufacturers are ...
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Stock market today: Nasdaq edges back from its record as chip companies and Eli Lilly slump
U.S. stock indexes edged lower after drops for Eli Lilly and chip companies overshadowed a jump for Google’s parent company.
OpenAI, Broadcom Working to Develop AI Inference Chip
OpenAI is working with Broadcom Inc. to develop a new artificial intelligence chip specifically focused on running AI models ...
Feds to locate the nation’s ‘flagship’ microchip R&D center in NY
The Biden Administration has announced a new R&D facility that will focus on improving microchip lithography technology.