Truist cuts Microchip Technology price target to $56, keeps Hold rating
Truist Securities adjusted its stance on Microchip Technology shares (NASDAQ:MCHP), reducing the price target from the previous $68.00 to $56.00, while maintaining a Hold rating on the stock. The ...
Microchip Technology Shares Fall After Worse-Than-Expected Q3 Report
Microchip Technology reported its third-quarter financial results after Thursday's closing bell. Here's a look at the details ...
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.
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 ...
Microchip Technology outlines Q4 revenue guidance of $920M-$1B amid inventory reductions and strategic transitions
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 sees Q4 non-GAAP EPS 5c-15c, consensus 27c
B, consensus $1.05B. Capital expenditures for Q4 are expected to be about $23M. Capital expenditures for FY25 are ...