Microchip Technology Stock News

CHANDLER, Ariz., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Victor Peng, former President of Advanced Micro Devices, Inc. (AMD), will join the Board of Directors of Microchip effective February10, 2024.

Among the S&P 500, 91% of stocks showed early declines following President Trump's announcements of tariffs against Canada, Mexico and China.

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3...

The Low-Noise Chip-Scale Atomic Clock, model SA65-LN, enables frequency mixing for battery-powered devices The Low-Noise Chip-Scale Atomic Clock, model SA65-LN, enables frequency mixing for battery-powered devices

Microchip's PCI100x devices deliver high performance and cost efficiency for any application where accelerated or specialized computing is used Microchip's PCI100x devices deliver high performance and cost efficiency for any application where accelerated or specialized computing is used

Now that we've shut the door on 2024, it's useful to look back at some of the best -- and, on the flip side, some of the worst -- performers of the year on the stock market. Many outliers were in the tech sector, so it's worth taking a look at the tech-heavy Nasdaq-100 index.

Microchip is experiencing a sharp deterioration of its end markets. Its client's end distributors overstocked their inventories during the post-COVID period. While the sales bottom could have been hit, the following quarterly guidance doesn't anticipate a rebound either. The management is cutting costs and lowering CAPEX to remain Free Cash Flow positive.

CHANDLER, Ariz., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Turnkey touch controllers are a fast and easy way to upgrade from mechanical buttons to modern touch buttons or displays.