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 ...
Integrated Advisors Network LLC boosted its holdings in MicrochipTechnology Incorporated (NASDAQ:MCHP – Free Report) by 7.6% during the 3rd quarter, according to the company in its most recent ...
The British government on Wednesday ordered China-registered Future Technology Devices International Holding Ltd to sell 80.2% of Scotland-based chip company FTDI over national security risks.
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 ...