The Chandler semiconductor company said it is continuing working through issues to reduce its inventory surplus.

Guidance for Q4 revenue ($920 million-$1 billion) reflects a sequential decline from Q3 but highlights a narrower range, suggesting some stabilization. This compares to Q3 guidance of $1.025 ...

James Bjornholt; Chief Financial Officer, Senior Vice President; Microchip Technology Inc Richard Simoncic; Senior Vice President - Analog Power and Interface Business Units; Microchip Technology Inc ...

Microchip Technology reported its third-quarter financial results after Thursday's closing bell. Here's a look at the details ...

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 ...

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 ...

Reports Q3 revenue $1.026B, consensus $1.05B. “Our December quarter performance reflects the need for the decisive steps we are taking to ...

"While we have seen substantial inventory destocking at our customers and channel partners, we believe the correction cycle is still not completed," said CEO Steve Sanghi. The company is taking a ...

Steve Sanghi, Microchip’s President and CEO, emphasized that Peng's extensive experience in technology, strategy, and operations, built over 40 years in the semiconductor industry, will be ...