Microchip Pauses Chips Act Application Amid Inventory Woes
Microchip Technology Inc. is pausing its application for US semiconductor subsidies, making it the first known company to ...
Semiconductor maker plans 'top-to-bottom' review after Tempe factory closure
CEO Steve Sanghi of Microchip Technology plans a review of company operations after the semiconductor maker said it would ...
Microchip price target lowered to $87 from $90 at Stifel
Stifel lowered the firm’s price target on Microchip (MCHP) to $87 from $90 and keeps a Buy rating on the shares after the ...
Microchip Says It Will Shut Arizona Plant, Updates Outlook
Microchip Technology Inc., a maker of chips for cars, consumer devices and other products, said it would close a plant in ...
Microchip Technology plans to shut down East Valley facility within next year
Microchip Technology plans to shut down the Tempe manufacturing facility in the September 2025 quarter. TEMPE, Ariz. — Microchip Technology Incorporated announced Monday the company plans to shut down ...
S&P 500 Gains and Losses Today: Palantir Soars as Government Okays Cloud Products
The S&P 500 edged less than 0.1% higher on Tuesday, Dec. 3, as an unexpected uptick in job openings suggested strength in the ...
Microchip stock price is on the verge of a bearish breakout
Microchip stock price remains in a strong bear market after falling by almost 30% from its highest level this year. MCHP ...
Microchip will close Arizona factory while it pursues federal subsidies to expand in Oregon, Colorado
Microchip Technology said Monday that it will close its factory in Tempe, Arizona, and lay off 500 next year amid depressed ...