Microchip Technology is closing its Tempe, AZ chip factory by Q2 2026 to save $90M annually, affecting 500 workers.
A month has gone by since the last earnings report for Microchip Technology (MCHP). Shares have lost about 16.4% in that time frame, underperforming the S&P 500. Will the recent negative trend ...
In trading on Thursday, shares of Microchip Technology Inc (Symbol: MCHP) entered into oversold territory, hitting an RSI reading of 29.9, after changing hands as low as $58.17 per share.
GRESHAM, Ore. — Semiconductor maker Microchip Technology has abruptly stopped pursuing a $162 million federal CHIPS Act grant, $72 million of which was intended to fund a major expansion of the ...
Microchip Tech (MCHP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. Microchip Technology Inc (NASDAQ:MCHP) halted its application ...
But the local industry will take a hit, as Microchip Technology plans to close a chipmaking factory or “fab” in Tempe in an effort to cut inventory, reduce expenses and adjust its ...
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The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
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