Needham cuts Microchip Technology stock target to $60
Needham analysts adjusted their outlook on Microchip Technology (NASDAQ:MCHP), reducing the price target to $60 from the previous $85, while still retaining a Buy rating on the shares. The revision follows the company's financial report,
Microchip Technology (MCHP) Could be the Under-the-Radar AI Play About to Pop
To be fair, Microchip isn’t as exciting as primary chip designers like Nvidia (NASDAQ: NVDA) or Advanced Micro Devices (NASDAQ: AMD ). However, it’s more than fair to say that Microchip plays an important support role in the broader machine intelligence ecosystem.
Microchip Technology Incorporated (MCHP) Q3 2025 Earnings Call Transcript
Microchip Technology Incorporated ( NASDAQ: MCHP) Q3 2025 Earnings Conference Call February 6, 2025 5:00 PM ET Steve Sanghi - Chief Executive Officer Eric Bjornholt - Chief Financial Officer Rich Simoncic - Chief Operating Officer
Microchip Technology Stock Down On Q3 Loss, Q4 Loss Outlook; Lifts Dividend
Shares of semiconductor Microchip Technology Inc. (MCHP) declined 6.9% in the extended trading on Thursday and are currently down
Microchip Tech: Fiscal Q3 Earnings Snapshot
Microchip Technology Inc. (MCHP) on Thursday reported a loss of $53.6 million in its fiscal third quarter. The Chandler, Arizona-based company said it had a loss of 10 cents per share. Earnings, adjusted for one-time gains and costs,
Microchip Technology (MCHP) Misses Q3 Earnings and Revenue Estimates
Microchip Technology (MCHP) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.
Microchip Technology (NASDAQ:MCHP) Misses Q4 Analysts’ Revenue Estimates
Analog chipmaker Microchip Technology (NASDAQ:MCHP) in Q4 CY2024, with sales falling 41.9% year on year to $1.03 billion. Next quarter’s revenue guidance of $960 million underwhelmed, coming in 9.2% below analysts’ estimates.
Microchip price target lowered to $60 from $95 at Raymond James
Raymond James lowered the firm’s price target on Microchip (MCHP) to $60 from $95 and keeps a Strong Buy rating on the shares. The company ...
A microchip material maker sees its worst day in 11 years. Ken Griffin’s Citadel wins big.
A microchip materials manufacturer that counts Taiwan Semiconductor, GlobalFoundries and STMicroelectronics as clients saw ...
Microchip Q3 Earnings & Sales Lag Estimates, Shares Fall on Weak View
MCHP's third-quarter fiscal 2025 results suffer from a significant revenue drop, sluggish guidance and demand challenges across key markets.
Microchip price target lowered to $50 from $56 at TD Cowen
TD Cowen lowered the firm’s price target on Microchip (MCHP) to $50 from $56 and keeps a Hold rating on the shares. The firm said they respect ...
Microchip forecasts dour quarterly results as customers reduce excess inventory
Chipmaker Microchip Technology forecast fourth-quarter net sales and profit below Wall Street estimates on Thursday, anticipating tepid demand as customers in the automotive market still work on ...
Microchip Technology's Valuation Is Unjustifiable
Microchip Technology's revenue has been declining for four consecutive quarters. Read more to see why I'm very bearish on ...
Microchip Technology Inc (MCHP) Q3 2025 Earnings Call Highlights: Navigating Revenue Challenges ...
Despite a decline in net sales, Microchip Technology Inc (MCHP) focuses on innovation and efficiency to drive future growth.
Microchip Tech Cements Win in Challenge of HD Silicon Patent
The Federal Circuit affirmed on Thursday a ruling invalidating a semiconductor patent that’s part of a long-running ...
Elon Musk Questions DeepSeek Microchip Claims
Elon Musk has questioned the microchip claims made by DeepSeek AI, a fast-emerging player in the artificial intelligence pool ...
Wall St falls on expectations of Fed caution after jobs data
Wall Street's main indexes fell on Friday after the latest jobs data raised the prospects of a more cautious Federal Reserve, ...