MCHP News and Press, Microchip Technology Incorporated From 03/27/23

2023-03-27 07:45:00 ET There's a present downturn in the semiconductor industry. Sales of PCs and smartphones tanked in the second half of 2022, and are expected to bottom sometime in the coming months before returning to growth in the second half of 2023. This pain has spilled over int...

2023-03-22 15:06:32 ET Summary Microchip Technology’s revenues have been increasing for nine consecutive quarters. Microchip Technology generates about 56% of its revenue from its microcontroller product line. The company holds a commanding lead in 8-bit microcontroller...

2023-03-22 01:56:30 ET Summary The company has had strong and stable growth across all of its major segments. In the MCU segment, its share gained to 12.6%, which we believe is supported by the company’s wide product breadth in MCUs. While the company has reached analog...

CHANDLER, Ariz., March 20, 2023 (GLOBE NEWSWIRE) -- The electrification of everything is driving the growth of SiC semiconductors as large market segments such as E-Mobility, sustainability and industrial turn to SiC power solutions because of its fast-switching capabilities, lower power loss and...

2023-03-14 11:12:15 ET Summary Q4 revenue was up 23% y/y. Microchip has relatively little exposure to the PC and cellphone markets. The order backlog remains large. Microchip Technology (MCHP) is known for specializing in microcontroller chips, but it has also branch...

2023-03-14 10:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-03-14 08:27:12 ET Microchip Technology ( NASDAQ: MCHP ) expanded its secure authentication device portfolio with six new products in its CryptoAuthentication and CryptoAutomotive IC families that meet Common Criteria Joint Interpretation Library High ...

CHANDLER, Ariz., March 14, 2023 (GLOBE NEWSWIRE) -- Embedded security continues to be a high priority, and architects need vetted, easy-to-use and cost-optimized security solutions that are compliant with industry best practices. To provide architects with comprehensive embedded security solution...

CHANDLER, Ariz., March 13, 2023 (GLOBE NEWSWIRE) -- Microchip Technology Inc . (Nasdaq: MCHP) – a leading provider of smart, connected and secure embedded control solutions – has reached a milestone in its multi-year, $800 million initiative aiming to triple prod...

2023-03-13 12:09:52 ET Applied Materials ( NASDAQ: AMAT ) led semiconductor stocks higher on Monday as investors assessed the latest moves by the U.S. government to backstop financial institutions amid worries over a bank run. Applied Materials ( AMAT ) tacked on 1.8% af...