Microchip Technology Inc. is “making progress” toward a final agreement with federal officials for a CHIPS Act award, the Chandler-based company’s top executive said. Microchip Technology ...

Microchip Technology Forecasts Quarterly Results Below Estimates on Weak Automotive Demand By Jaspreet Singh (Reuters) - Microchip Technology forecast third-quarter revenue and profit below ...

Microchip Technology forecast third-quarter revenue and profit below estimates on Tuesday, indicating a sluggish demand from automotive customers amid economic uncertainty, sending its shares down ...

Citi lowered the firm’s price target on Microchip (MCHP) to $82 from $92 and keeps a Buy rating on the shares. Microchip reported “ok results” but guided well below consensus due to continued auto and ...