The Chandler semiconductor company said it is continuing working through issues to reduce its inventory surplus.

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 ...

Microchip Technology’s stock was falling after the semiconductor maker kept its dividend flat for first time in four years, reported quarterly sales that fell to a seven-year low and gave an outlook ...

Microchip Technology Incorporated ( NASDAQ: MCHP) Q3 2025 Earnings Conference Call February 6, 2025 5:00 PM ET Steve Sanghi - Chief Executive Officer Eric Bjornholt - Chief Financial Officer Rich ...

James Bjornholt; Chief Financial Officer, Senior Vice President; Microchip Technology Inc Richard Simoncic; Senior Vice President - Analog Power and Interface Business Units; Microchip Technology Inc ...

Microchip Technology reported its third-quarter financial results after Thursday's closing bell. Here's a look at the details ...

Microchip expects net sales in the range of $920 million to $1 billion for the fourth quarter, compared with analysts' average estimate of $1.06 billion, according to data compiled by LSEG. It expects ...

Net sales of $1.026 billion, down 11.8% sequentially and down41.9% from the year ago quarter. Our updated guidance provided on December 2, 2024 ...

Reports Q3 revenue $1.026B, consensus $1.05B. “Our December quarter performance reflects the need for the decisive steps we are taking to ...

"While we have seen substantial inventory destocking at our customers and channel partners, we believe the correction cycle is still not completed," said CEO Steve Sanghi. The company is taking a ...