MCHP Stock Recent News

Microchip Technology Inc. MCHP is teetering on the edge of a significant technical breakdown as its moving averages hint that the stock may be nearing the dreaded Death Cross.

Microchip's LAN887x PHYs offer extended reach up to 40m and are designed to be compliant with industry standards Microchip's LAN887x PHYs offer extended reach up to 40m and are designed to be compliant with industry standards

Piper Sandler upgraded Microchip (MCHP) on Friday, but there was little change in the stock after the opening bell. Kevin Green says there's a clash in views around the semiconductor chip maker.

Microchip Technology Inc   (NASDAQ:MCHP) doesn't usually get as much attention as sector peers Nvidia (NVDA), Advanced Micro Devices (AMD), and  Intel (INTC), but the semiconductor name is in the spotlight today.

CHANDLER, Ariz., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Secure key provisioning is vital to protect sensitive keys against third-party tampering and malicious attacks.

CHANDLER, Ariz., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that it will webcast its Annual Meeting of Shareholders starting at 9:00 a.m. (Pacific Time) on Tuesday, August 20, 2024 at www.microchip.com. A replay of the event will also be available at www.microchip.com for a period of 14 days following the meeting.

On Monday, Aug. 5, stock markets went into a full meltdown, triggered by the release of a disappointing July jobs report. That was followed by a decision by the Bank of Japan to raise its short-term policy rate target to 0.25% from the range of 0% to 0.1%.

The companies enable an interoperable coherent optics ecosystem that can help streamline the development of data center interconnect and metro transport systems The companies enable an interoperable coherent optics ecosystem that can help streamline the development of data center interconnect and metro transport systems

Flexible and scalable EV charger reference designs are designed to meet unique regional requirements Flexible and scalable EV charger reference designs are designed to meet unique regional requirements

MCHP remains a buy rating with expectations of a cyclical turnaround in 3Q25. 1Q25 results showed decline in revenue and margins, with 2Q25 guidance indicating further sequential deceleration. Focus on monitoring EBITDA margin as potential indicator of structural cost improvements.