Shares of Microchip Technology Inc. were heading for a more than four-year low Friday, after the semiconductor maker said it was too early to call a bottom in its business and did not raise its ...
Chipmaker Microchip Technology forecast fourth-quarter net sales and profit below Wall Street estimates on Thursday, anticipating tepid demand as customers in the automotive market still work on ...
Q3 2025 Management View Steve Sanghi, CEO, announced several strategic initiatives as part of a nine-point plan. Key decisions include the closure of the Tempe Fab (Fab 2), capacity adjustments at ...