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Microchip, Arizona
Microchip to close Arizona facility amid cost concerns
Microchip Technology Inc. said Monday it intends to shut down its Tempe computer chip factory as it tries to curtail costs amid an anticipated slowdown in sales.
Microchip to close Arizona fab amid revenue slowdown
Microchip Technology announced plans to shut down its Fab 2 facility in Tempe, Arizona, as part of a broader restructuring effort amid declining revenue and persistent inventory challenges. The closure,
Microchip Technology lowers quarterly revenue forecast, shuts Arizona factory
Microchip Technology lowered its third-quarter revenue forecast on Monday and announced the closure of its wafer manufacturing factory in Arizona, as the chipmaker looks to restructure under interim CEO Steve Sanghi.
Microchip Pauses Chips Act Application
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 step back from a program designed to revitalize American chipmaking.
Microchip pauses Chips Act application
Microchip Technology Inc is pausing its application for US semiconductor subsidies, making it the first known company to step back from a programme designed to revitalise American chipmaking.
Microchip pauses US Chips Act application amid 'capacity' woes - report
Microchip Technology (NASDAQ:MCHP) is pausing its application for U.S. chip subsidies, making it the first known company to step back from a program aimed at boosting U.S. chip manufacturing capabilities,
12h
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 ...
2d
on MSN
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected ...
2d
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 ...
1d
Microchip Technology to close Tempe plant in cost-saving move that will affect 500 workers
Microchip Technology plans to close a Tempe manufacturing plant and transfer production to factories in other states, ...
12h
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 ...
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1d
Microchip to close Tempe plant, impacting 500 employees
Microchip Technology will close its semiconductor factory in Tempe in 2025, affecting about 500 workers. By shutting the ...
1d
Microchip’s Long-Term Potential Outweighs Short-Term Challenges: Buy Rating Affirmed
Needham analyst Quinn Bolton has maintained their bullish stance on MCHP stock, giving a Buy rating today.Don't Miss our Black Friday ...
1d
Why Microchip Technology (MCHP) Shares Are Trading Lower Today
Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 10.3% in the morning session after the company provided ...
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