Analog chipmaker Microchip Technology (NASDAQ:MCHP) in Q4 CY2024, with sales falling 41.9% year on year to $1.03 billion.
MCHP's third-quarter fiscal 2025 results suffer from a significant revenue drop, sluggish guidance and demand challenges across key markets.
BofA lowered the firm’s price target on Microchip (MCHP) to $53 from $65 and keeps an Underperform rating on the shares following “another ...
Microchip Technology's revenue has been declining for four consecutive quarters. Read more to see why I'm very bearish on ...
Shares of Microchip Technology Inc. MCHP slipped 1.66% to $56.28 Tuesday, on what proved to be an all-around favorable ...
Pre-earnings options volume in Microchip (MCHP) is 3.6x normal with puts leading calls 5:4. Implied volatility suggests the market is ...
Piper Sandler adjusted its outlook on Microchip Technology (NASDAQ:MCHP) shares, reducing the price target to $65 from the previous $85 while maintaining an Overweight rating on the stock. The firm's ...