Microchip Technology (MCHP) is rated 'Strong Buy' as AI-driven data center growth offsets legacy business weakness. MCHP's profitability is rebounding, with EBITDA margins above 20% and strong free cash flow generation despite recent sales declines. Management targets a return to 40% operating margin and is launching a 3nm PCIe Gen 6 switch to strengthen data center leadership.
CHANDLER, Ariz., Dec. 08, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the Barclays 23rd Annual Global Technology Conference on Thursday, December 11, 2025 at 1:20 p.m. (Pacific Time). Presenting for the Company will be Mr. Rich Simoncic,...
A semiconductor maker increased its quarterly forecast, with strong bookings suggesting a recovery in several key end markets, and its shares led the S&P 500 higher. Meanwhile, two major media players came under pressure as a rival evaluated their competing buyout offers.
Microchip issued a press release indicating its December quarter would come in at the high end of guidance. The company has experienced a massive hangover following the pandemic-era industrial chip boom.
Major U.S. equities indexes were mixed Wednesday afternoon as the tech sector pulled back. The Dow climbed 0.4%, and the S&P 500 edged 0.1% higher, but the tech-heavy Nasdaq slid 0.2%.
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