Microchip makes progress toward final CHIPS Act agreement
Microchip Technology Inc. is “making progress” toward a final agreement with federal officials for a CHIPS Act award, the ...
Microchip’s Resilience Amid Market Challenges: A Buy Rating Justified by Recovery Prospects
Blayne Curtis, an analyst from Jefferies, maintained the Buy rating on Microchip (MCHP – Research Report). The associated price target is ...
Microchip Gains Buy Rating Amidst Short-term Challenges and Long-term Growth Potential
Needham analyst Quinn Bolton has maintained their bullish stance on MCHP stock, giving a Buy rating today. Quinn Bolton has given his Buy ...
Chinese firm ordered to sell holding in Glaswegian chip business
FTDI manufactures Universal Serial Bus (USB) technology, such as cables and peripheral chips, that helps connect old ...
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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 Raises Dividend; Shares Fall on Downbeat 3Q Guidance
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 ...
Microchip Technology forecasts quarterly results below estimates on weak automotive demand
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 ...