MCHP Stock Recent News
MCHP LATEST HEADLINES
For the quarter ended June 30, 2025 Net sales of $1.0755 billion, increased 10.8% sequentially and declined 13.4% from the year ago quarter. The midpoint of our updated guidance provided on May 29, 2025 was net sales of $1.0575 billion.
US chip stocks are retaining momentum despite the Trump administration's plans to announce 100% tariffs on imported semiconductors to push tech firms toward domestic manufacturing. The aforementioned plans are part of President Trump's broader repatriation strategy to bolster US industrial capacity.
MCHP eyes fiscal Q1 revenue up to $1.07B as inventory correction, direct shipments, and design wins drive demand.
AI-fueled demand is driving a semiconductor boom --- see why MCHP, RFIL, and MPWR could lift your portfolio next.
Adaptec® SmartRAID 4300 Series of Accelerators Deliver Scalable, Secure NVMe® RAID Storage Solutions
CHANDLER, Ariz., Aug. 05, 2025 (GLOBE NEWSWIRE) -- To better support server OEMs, storage systems, data centers and enterprise customers, Microchip Technology (Nasdaq: MCHP) has launched the Adaptec® SmartRAID 4300 series of NVMe® RAID storage accelerators.
Besides Wall Street's top-and-bottom-line estimates for Microchip Tech (MCHP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2025.
Microchip Tech (MCHP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Microchip is undergoing major restructuring, including factory closures, workforce reductions, and renegotiated supply contracts, to address excess inventory and improve margins. Despite a strong CEO and strategic pivot toward AI and connectivity, near-term revenue growth will be muted due to ongoing inventory destocking. Valuation is currently tight, with the stock trading near fair value; recent peer results suggest limited upside despite improving business conditions.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
FULT, OPBK and MCHP made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 21, 2025.