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Record net sales of $2.073 billion , up 5.6% sequentially and up 25.7% from the year ago quarter. The midpoint of our guidance provided on August 2, 2022 was net sales of $ 2.062 billion. On a GAAP basis: record gross margin of ...
Vancouver, Kelowna, Delta, BC - November 1, 2022 (Investorideas.com Newswire) Investorideas.com , a global investor news source covering Artificial Intelligence (AI) stocks releases a special edition of the AI Eye Podcast looking at how tech firms are advancing the future of Integra...
Summary Research shows that the mid-cap space offers a superior risk-reward opportunity for investors as compared to the small- and large-cap sectors of the market. In addition, research also shows that the longer mid-caps are held, the more often they outperform. That being t...
CHANDLER, Ariz., Oct. 26, 2022 (GLOBE NEWSWIRE) -- The design complexity of smart meters continues to evolve as different communications solutions are integrated into the framework and as regulatory compliance requirements are mandated. To meet the growing demand for a feature-rich yet simp...
Microchip Technology ( NASDAQ: MCHP ) rose 4% amid some activist investor speculation following a 13-F filing. Mizuho Securities purchased 4 million shares in Microchip Technology ( MCHP ) technology in Q3, according to a 13-F filing that Gordon Haskett highlighted...
Summary Consumer electronics demand is weakening, and this is a significant market for Texas Instruments, but auto and industrial demand is holding up well. Demand for semiconductors will slow in 2023, but the long-term trend of increased chip content in a range of markets isn't g...
CHANDLER, Ariz., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Wireless connectivity has become a mandatory feature for many products but often increases the cost and complexity of system design since it generally must be added as part of the larger application. Microchip Technology Inc. (Nasda...
Summary Analog Devices, Inc. is a long-term revenue and profitability growth story driven by its high-performance analog and mixed-signal products. Analog Devices’ revenue is expected to grow at a CAGR of high-single digits in the next five years. Long-term investors ca...
Summary Semiconductor stocks remain in a downtrend heading into Q4, but that does not mean some did not do much better than others. An increasing number of semis are reporting weakening demand, which comes on the eve of a strong surge in semiconductor supply. Some segments of ...
CHANDLER, Ariz., Sept. 19, 2022 (GLOBE NEWSWIRE) -- The demand for increased bandwidth and security in network infrastructure driven by growth in hybrid work and geographical distribution of networks is redefining borderless networking. Led by AI/ML applications, the total port bandwidth fo...
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2024-07-10 17:15:02 ET Morgan Stanley analyst issues EQUAL-WEIGHT recommendation for MCHP on July 10, 2024 04:10PM ET. MCHP was trading at $95.98 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analyst recommendations are : 1 - Strong...
CHANDLER, Ariz., July 09, 2024 (GLOBE NEWSWIRE) -- The world has changed dramatically in the two decades since the debut of what was then considered a trail-blazing space-grade processor used in NASA missions such as the comet-chasing Deep Impact spacecraft and Mars Curiosity rover vehicle. A rep...
CHANDLER, Ariz., July 09, 2024 (GLOBE NEWSWIRE) -- Real-time, compute intensive applications such as smart embedded vision and Machine Learning (ML) are pushing the boundaries of embedded processing requirements, demanding more power-efficiency, hardware-level security and high reliability at the...