MCHP News and Press, Microchip Technology Incorporated From 08/02/22

The following slide deck was published by Microchip Technology Incorporated in conjunction with their 2023 Q1 earnings call. For further details see: Microchip Technology Incorporated 2023 Q1 - Results - Earnings Call Presentation

Microchip Technology press release ( NASDAQ: MCHP ): Q1 Non-GAAP EPS of $1.37 beats by $0.03 . Revenue of $1.96B (+25.1% Y/Y) beats by $10M . On a GAAP basis: record gross margin of 66.7%; record operating income of $701.3 million Record cash flow from oper...

Microchip Technology ( NASDAQ: MCHP ) declares $0.301/share quarterly dividend , 9.1% increase from prior dividend of $0.276. Forward yield 1.74% Payable Sept. 2; for shareholders of record Aug. 19; ex-div Aug. 18. See MCHP Dividend Scorecard, Yield Chart, ...

Record net sales of $1.964 billion, up 6.5% sequentially and up 25.1% from the year ago quarter. The midpoint of our guidance provided on May 9, 2022 was net sales of $1.955 billion. On a GAAP basis: record gross margin of 66.7%; record operating income of $701.3 million a...

CHANDLER, Ariz., Aug. 02, 2022 (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 ...

CHANDLER, Ariz., Aug. 02, 2022 (GLOBE NEWSWIRE) -- The continuous computational demands of artificial intelligence (AI) and machine learning (ML) workloads, cloud computing and data analytics deployed on traditional parallel attached memory have reached an efficiency plateau due to the limi...

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The NZS Capital Growth Equity strategy was down 23.44% net of fees in the second quarter of 2022. We believe companies that maximize non-zero-sum outcomes for all of their constituents, including employees, customers, suppliers, society, and the environment, will also maximize long-te...

Semis continued to slide heading into Q3, establishing a trend that gives clues as to what to expect from H2 2022. The outlook for the semiconductor industry got worse in H1 2022, with an increasing number of names issuing downbeat guidance. Every stock in SOXX posted losses, some...

SOXL is a 3X leveraged ETF on the semiconductor index. Direxion Daily Semiconductor 3x Bull Shares ETF is down 85% this year, but that does not make it a buy. Wait for signs of a bottom in SOXX to buy SOXL. Growth-oriented sectors in the stock market have been destroyed ...