Microchip Technology's Valuation Is Unjustifiable
Microchip Technology's revenue has been declining for four consecutive quarters. Read more to see why I'm very bearish on ...
Microchip forecasts dour quarterly results as customers reduce excess inventory
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 ...
Microchip Technology Inc. stock outperforms competitors on strong trading day
This was the stock's second consecutive day of gains.
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Microchip Technology unveils low-noise chip-scale atomic clock
Microchip Technology has introduced its second-generation Low-Noise Chip-Scale Atomic Clock (LN-CSAC), model SA65-LN. It features a lower profile height and operates in a wider temperature range, ...
Chip Tech Provider Arm Forecasts Quarterly Revenue Above Expectations
Arm's third-quarter revenue rose 19% to $983 million, compared with analyst estimates of $946.7 million. The UK chip designer ...
Why Microchip would rather borrow money to pay its high dividend than cut it
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 ...
Piper Sandler cuts Microchip stock target to $65, keeps overweight
Piper Sandler adjusted its outlook on Microchip Technology (NASDAQ:MCHP) shares, reducing the price target to $65 from the previous $85 while maintaining an Overweight rating on the stock. The firm's ...
Microchip price target lowered to $56 from $68 at Truist
Truist lowered the firm’s price target on Microchip (MCHP) to $56 from $68 and keeps a Hold rating on the shares. The company missed estimates ...