MCHP News and Press, Microchip Technology Incorporated From 05/04/23

For the quarter ended March 31, 2023 Record net sales of $2.233 billion , up 2.9% sequentially and up 21.1% from the year ago quarter. The midpoint of our guidance provided on February 2, 2023 was net sales of $ 2.224 billion. ...

CHANDLER, Ariz., May 04, 2023 (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 38.3 ce...

PARADISE VALLEY, Ariz., May 03, 2023 (GLOBE NEWSWIRE) -- Renowned semiconductor industry leader, Steve Sanghi, has released his long-awaited book, Up and to the Right: My Personal and Business Journey Building the Microchip Technology Juggernaut . Sanghi led Microchip Technology for o...

2023-05-02 11:08:09 ET Broadcom ( NASDAQ: AVGO ) was among the largest decliners in the semiconductor industry on Tuesday as the sector sold off on banking and Fed-related fears, despite strong earnings and guidance from NXP Semiconductors ( NASDAQ: NXPI ). There was no ...

2023-05-02 10:22:36 ET Summary Analog Devices has been growing fast, acquiring Maxim and experiencing an expansion in the analog semiconductor industry. In the long term, growth and margins should deteriorate because of the entry of new Chinese companies in the analog space. A...

2023-05-01 15:00:00 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...

2023-04-28 10:52:41 ET Market breadth is becoming a major issue for the market after the outperformance of Big Tech names this earnings season. The Big 7 stocks - Apple ( AAPL ), Microsoft ( MSFT ), Alphabet ( GOOG ) ( GOOGL ), Amazon ( AMZN ), Nvidia ( NVDA ), M...

2023-04-27 12:36:19 ET Wolfspeed ( NYSE: WOLF ) and STMicroelectronics ( NYSE: STM ) were among the largest declining semiconductor stocks on Thursday as the industry awaited results from behemoth Intel ( NASDAQ: INTC ). Durham, North Carolina-based Wolfspeed ( ...

2023-04-25 13:09:33 ET Summary Weaker consumer and industrial markets are likely to drive STMicro's revenue down about 5% from the prior quarter, but the Street expects a modest sequential improvement in Q2. Declining lead-times across the semiconductor remain a risk, but STMicro ...

2023-04-24 08:00:00 ET Summary Texas Instruments' first quarter is likely to resemble recent quarters, with modest revenue outperformance and healthy operating margins relative to expectations, but possibly soft guidance. The auto end-market remains healthy and enterprise and pers...