MCHP Stock Recent News

The 25A QPL electromechanical power relays meet the requirements of MIL-PRF-83536 specification and ISO-9001 certification The 25A QPL electromechanical power relays meet the requirements of MIL-PRF-83536 specification and ISO-9001 certification

Markets just gave back most of the day from yesterday's historic rally. All thanks to tariff uncertainty with China.

On April 9, President Donald Trump's tariff pause sent the stock market into a frenzy.

More than a dozen companies swung more than 20% from their lows to their highs in Wednesday's furious rally.

If there's a bright side to President Trump's tariffs, proponents say, it's that many S&P 500 stocks are now on sale. The post 11 Stocks Go Deeply On Sale Following Trump's Tariffs appeared first on Investor's Business Daily.

We tracked six new preferred stock and exchange traded debt offerings with yields from 6.15% to 10%, highlighting their CDx3 Compliance Scores. Oxford Lane Capital Corp.'s new exchange notes (OXLCG) achieved a perfect CDx3 Compliance Score, offering a 7.95% fixed coupon and a BBB+ rating. Preferred stock IPOs often trade temporarily on the OTC, allowing investors to buy shares at wholesale prices before they move to retail exchanges.

Microchip Technology faces significant challenges, including a 50% revenue drop, declining margins, and high debt levels, making current investment unattractive. The company's heavy reliance on the Asian market and lack of long-term distributor agreements add to its financial instability and market uncertainty. The sustainability of Microchip's dividend is questionable, with free cash flow insufficient to cover payouts, suggesting a potential cut.

CHANDLER, Ariz., March 24, 2025 (GLOBE NEWSWIRE) -- Microchip Technology's (Nasdaq: MCHP) PolarFire® System on Chip (SoC) FPGAs have earned the Automotive Electronics Council (AEC)-Q100 qualification.

CHANDLER, Ariz., March 21, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) Microchip Technology Incorporated (“Microchip” or the “Company”), a leading provider of smart, connected, and secure embedded control solutions, today announced the pricing of its previously announced underwritten public offering of $1.35 billion of depositary shares (“depositary shares”), each representing a 1/20th interest in a share of newly issued 7.50% Series A Mandatory Convertible Preferred Stock, par value $0.001 per share (“preferred stock”) at a public offering price of $50.00 per depositary share (the “offering”). Microchip granted the underwriters in the offering a 13-day option to purchase up to an additional $135 million of depositary shares, solely to cover over-allotments, if any, at the public offering price less the underwriting discount. The offering is expected to close on March 25, 2025, subject to customary closing conditions.

U.S. stock futures were lower this morning, with the Dow futures falling around 200 points on Thursday.