MCHP News and Press, Microchip Technology Incorporated From 08/07/23

2023-08-07 09:03:17 ET In today's video, I discuss recent updates impacting Advanced Micro Devices (NASDAQ: AMD) , Qualcomm (NASDAQ: QCOM) , and Microchip Technology (NASDAQ: MCHP) . Check out the short video to learn more, consider subscrib...

2023-08-06 20:45:00 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...

2023-08-04 09:32:44 ET Semiconductor stocks were mixed in early trading on Friday amid a slew of earnings reports from the industry. Chip equipment maker Applied Optoelectronics ( NASDAQ: AAOI ) shares surged more than 23% after it reported second-quarter results and pro...

2023-08-03 20:19:05 ET Microchip Technology Incorporated (MCHP) Q1 2024 Earnings Conference Call August 3, 2023 05:00 p.m. ET Company Participants Ganesh Moorthy - President, Chief Executive Officer Steve Sanghi - Executive Chair Eric Bjornholt - Chief Financial ...

2023-08-03 16:28:40 ET Microchip Technology press release ( NASDAQ: MCHP ): Q1 Non-GAAP EPS of $1.64 in-line. Revenue of $2.29B (+16.8% Y/Y) in-line. Q2 outlook: Net sales of $2.22B-$2.312B vs $2.28B consensus, Non-GAAP EPS of $1.60-$1.64 vs. $1.62 consensus Shares...

Record net sales of $2.289 billion , up 2.5% sequentially and up 16.6% from the year ago quarter. The midpoint of our guidance provided on May 4, 2023 was net sales of $ 2.289 billion. On a GAAP basis: record gross profit of 68.1% ;...

CHANDLER, Ariz., Aug. 03, 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 41.0 c...

2023-08-02 12:33:36 ET Semiconductor stocks sank on Wednesday amid concerns about AMD's ( NASDAQ: AMD ) third-quarter forecast, despite some praise from Wall Street. Led by CEO Dr. Lisa Su, AMD ( AMD ) shares fell more than 8% on heavy volume after the company reported...

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2023-07-24 12:01:35 ET Summary The stock prices of Nvidia and Microchip Technology have shown some correlation, with the latter benefiting from the popularization of Generative AI tools like ChatGPT. The use of Generative AI is expected to result in productivity gains of 24% in th...