Bank of America lowered Microchip Technology from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $110.00 to $90.00 in a research note on ...
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 ...
Microchip Technology Forecasts Quarterly Results Below ... CEO Ganesh Moorthy said the September quarter results of the company were consistent with its forecast as the customers continue to ...