Microchip Technology Inc (1MCHP.MI)

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54.42

+0.73

+(1.36%)

At close: 2:24:48 PM GMT+1

3 US Stocks Estimated To Trade Up To 48.2% Below Intrinsic Value

As the U.S. stock market experiences a boost from the anticipated Santa Claus Rally, with major indices like the Nasdaq Composite and S&P 500 showing gains, investors are keenly observing opportunities that may be undervalued amidst this positive momentum. In such a climate, identifying stocks trading below their intrinsic value can offer potential for growth, making them attractive considerations for those looking to capitalize on market inefficiencies.

Simply Wall St. 19 days ago

HESM

MCHP

ORCL
Microchip Adds MTCH2120 to its Portfolio of Turnkey Capacitive Touch Controllers

The touch controller is designed to integrate with a comprehensive ecosystem of tools to streamline development and speed time to marketCHANDLER, Ariz., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Turnkey touch controllers are a fast and easy way to upgrade from mechanical buttons to modern touch buttons or displays. With the launch of its 12-button MTCH2120 touch controller, Microchip Technology (Nasdaq: MCHP) is providing designers with a straightforward pathway for implementing touch button capabilitie

GlobeNewswire 26 days ago

MCHP
Integrated and Compact CAN FD System Basis Chip Solution for Space-Constrained Applications

Microchip introduces the ATA650x CAN FD SBC with integrated high-speed CAN transceiver and 5V LDOCHANDLER, Ariz., Dec. 16, 2024 (GLOBE NEWSWIRE) -- The increase in connected applications in the automotive and industrial markets is driving demand for wired connectivity solutions with higher bandwidth, lower latency and enhanced security. Reliable and secure communication networking solutions are vital for transmitting and processing data as intended. Microchip Technology (Nasdaq: MCHP) today anno

GlobeNewswire 28 days ago

MCHP
Microchip Expands PolarFire® FPGA and SoC Solution Stacks with New Offerings for Medical Imaging and Smart Robotics

Application-specific, integrated hardware and software technology stacks lower the barrier of entry and speed time to marketCHANDLER, Ariz., Dec. 12, 2024 (GLOBE NEWSWIRE) -- The rise of IoT, industrial automation and smart robotics, along with the proliferation of medical imaging solutions to the intelligent edge, has made designing these types of power and thermally constrained applications more complex than ever before. To address the critical challenges of accelerating product development cy

GlobeNewswire last month

MCHP
Microchip price target lowered to $87 from $90 at Stifel

Stifel lowered the firm’s price target on Microchip (MCHP) to $87 from $90 and keeps a Buy rating on the shares after the company updated its outlook for fiscal Q3 and reported that revenue is now expected to come in close to the low-end of the company’s original guidance of $1.025B due to lower turns orders than anticipated. In addition, interim CEO Steve Sanghi expressed his intention to remain in this position as long as necessary, which the firm views as “a clear positive for the stability a

TipRanks last month

MCHP
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views

The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.

The Wall Street Journal last month

MCHP
Microchip Technology Updates December 2024 Quarter Revenue Guidance, and Announces Manufacturing Restructuring Plans

CHANDLER, Ariz., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, provided lower updated revenue guidance for the December 2024 quarter and announced manufacturing restructuring plans. "In the first two weeks of my newly appointed role as Interim CEO and President, I have done a deep dive into the operations of the Company and determined that certain actions are necessary. I want to clarify for inv

GlobeNewswire last month

MCHP
Microchip Technology to Present at the UBS Global Technology and AI Conference

CHANDLER, Ariz., Dec. 02, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the UBS Global Technology and AI Conference on Tuesday, December 3, 2024 at 3:35 p.m. (Mountain Time). Presenting for the Company will be Mr. Steve Sanghi, President and Chief Executive Officer. A live webcast of the presentation will be made available by UBS, and can b

GlobeNewswire last month

MCHP
Biden admin debates on additional China chip curbs, Bloomberg says

The Biden administration is debating on additional curbs on the sales of semiconductor equipment and AI memory chips to China that would escalate the U.S. crackdown on Beijing’s technology ambitions but would stop short on some of the stricter measures previously considered, Mackenzie Hawkins of Bloomberg reports, citing people familiar with the matter. The restrictions could be revealed as soon as next week and follow months of deliberations by U.S. officials, negotiations with allies in Japan

TipRanks last month

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QCOM

AMD
US Stocks That May Be Priced Below Their Intrinsic Value In November 2024

As the United States stock market continues its upward momentum, with the S&P 500 extending its winning streak and major indices near record highs, investors are keenly observing opportunities to identify stocks that may be priced below their intrinsic value. In this environment of optimism and growth, understanding the fundamentals that make a stock potentially undervalued becomes crucial for those looking to capitalize on discrepancies between market price and intrinsic worth.

Simply Wall St. last month

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KD

MCHP
Why Nvidia earnings could be a sink-or-swim moment for this bull market

The market rally has been broadening away from Big Tech and Nvidia, its leader. But at the same time, the chip company is still critical to the health of the bull market.

Yahoo Finance last month

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QCOM

LRCX
Ganesh Moorthy Retiring as Chief Executive Officer and President of Microchip Technology Incorporated; Steve Sanghi Appointed as Interim Chief Executive Officer and President

CHANDLER, Ariz., Nov. 18, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that Ganesh Moorthy is retiring as Chief Executive Officer, President and as a member of the Board of Directors in connection with his 65th birthday at the end of November. The Board has appointed Steve Sanghi as interim Chief Executive Officer and President effective today. Mr. Sanghi will remain as

GlobeNewswire last month

MCHP
Microchip to Accelerate Real-time Edge AI with NVIDIA Holoscan

PolarFire® FPGA Ethernet Sensor Bridge provides low-power multi-sensor bridging to NVIDIA edge AI platformsCHANDLER, Ariz., Nov. 14, 2024 (GLOBE NEWSWIRE) -- To enable developers building artificial intelligence (AI)-driven sensor processing systems, Microchip Technology (Nasdaq: MCHP) has released its PolarFire® FPGA Ethernet Sensor Bridge that works with the NVIDIA Holoscan sensor processing platform. PolarFire FPGAs enable multi-protocol support, and this first solution to be released as part

GlobeNewswire last month

MCHP
Introducing a Wide Portfolio of IGBT 7 Power Devices Optimized for Applications Across Sustainability, E-Mobility and Data Centers

Microchip’s IGBT 7 portfolio is available with multiple topologies, current and voltage rangesCHANDLER, Ariz., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Power components are evolving to meet the increasing demands for higher efficiency, smaller size and greater performance in power electronic systems. To provide system designers with a wide range of power solutions, Microchip Technology (Nasdaq: MCHP) today announces its portfolio of IGBT 7 devices offered in different packages, multiple topologies, and

GlobeNewswire 2 months ago

MCHP
Microchip Technology (NASDAQ:MCHP) Has Announced That It Will Be Increasing Its Dividend To $0.455

The board of Microchip Technology Incorporated ( NASDAQ:MCHP ) has announced that it will be paying its dividend of...

Simply Wall St. 2 months ago

MCHP
Earnings Beat: Microchip Technology Incorporated Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

The second-quarter results for Microchip Technology Incorporated ( NASDAQ:MCHP ) were released last week, making it a...

Simply Wall St. 2 months ago

MCHP
Microchip price target lowered to $82 from $92 at Citi

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 industrial weakness, the analyst tells investors in a research note. The firm believes Microchip is shipping well below demand and anticipates a strong bounce in fundamentals. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s

TipRanks 2 months ago

MCHP
Microchip Technology Second Quarter 2025 Earnings: Beats Expectations

Microchip Technology ( NASDAQ:MCHP ) Second Quarter 2025 Results Key Financial Results Revenue: US$1.16b (down 48% from...

Simply Wall St. 2 months ago

MCHP
Microchip Technology Increases Quarterly Cash Dividend 3.6% Year-Over-Year to 45.5 Cents Per Share

CHANDLER, Ariz., Nov. 05, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on December 6, 2024, to stockholders of record on November 22, 2024. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has

GlobeNewswire 2 months ago

MCHP
Microchip Technology Announces Financial Results for Second Quarter of Fiscal Year 2025

Net sales of $1.164 billion, down 6.2% sequentially and down 48.4% from the year ago quarter. The midpoint of our guidance provided on August 1, 2024 was net sales of $1.150 billion.Revenue, gross profit and non-GAAP gross profit were positively impacted by a $13.3 million legal settlement. This settlement also positively impacted GAAP and non-GAAP EPS by $0.02 per diluted share.On a GAAP basis: gross profit of 57.4%; operating income of $146.6 million and 12.6% of net sales; net income of $78.4

GlobeNewswire 2 months ago

MCHP

Performance Overview

Return	1MCHP.MI	S&P 500
YTD	-2.51%	-1.52%
1-Year	-28.19%	+21.60%
3-Year	-29.01%	+23.07%

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Microchip Technology Inc (1MCHP.MI)

3 US Stocks Estimated To Trade Up To 48.2% Below Intrinsic Value

Microchip Adds MTCH2120 to its Portfolio of Turnkey Capacitive Touch Controllers

Integrated and Compact CAN FD System Basis Chip Solution for Space-Constrained Applications

Microchip Expands PolarFire® FPGA and SoC Solution Stacks with New Offerings for Medical Imaging and Smart Robotics

Microchip price target lowered to $87 from $90 at Stifel

Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views

Microchip Technology Updates December 2024 Quarter Revenue Guidance, and Announces Manufacturing Restructuring Plans

Microchip Technology to Present at the UBS Global Technology and AI Conference

Biden admin debates on additional China chip curbs, Bloomberg says

US Stocks That May Be Priced Below Their Intrinsic Value In November 2024

Why Nvidia earnings could be a sink-or-swim moment for this bull market

Ganesh Moorthy Retiring as Chief Executive Officer and President of Microchip Technology Incorporated; Steve Sanghi Appointed as Interim Chief Executive Officer and President

Microchip to Accelerate Real-time Edge AI with NVIDIA Holoscan

Introducing a Wide Portfolio of IGBT 7 Power Devices Optimized for Applications Across Sustainability, E-Mobility and Data Centers

Microchip Technology (NASDAQ:MCHP) Has Announced That It Will Be Increasing Its Dividend To $0.455

Earnings Beat: Microchip Technology Incorporated Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Microchip price target lowered to $82 from $92 at Citi

Microchip Technology Second Quarter 2025 Earnings: Beats Expectations

Microchip Technology Increases Quarterly Cash Dividend 3.6% Year-Over-Year to 45.5 Cents Per Share

Microchip Technology Announces Financial Results for Second Quarter of Fiscal Year 2025

Performance Overview