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CHANDLER, Ariz., Oct. 26, 2020 (GLOBE NEWSWIRE) -- The need to reduce size, weight and power (SWaP) on satellites and other space systems continues to challenge the aerospace market. Combining more than 20 commonly used functions into a single chip, Microchip Technology Inc. (Nasdaq: MCHP...
With 30 constituents, AGIXL includes a wide range of alternative energy companies across several geographies and business lines. The recently released World Energy Outlook highlights the long-term growth potential for renewables, with the results of the US election potentially impacti...
Specialized semiconductor company Xilinx (XLNX) is trading up 2.3% AH after Q2 beats on the top and bottom lines, driven by the auto market recovery and continuing Data Center strength.Data Center Group hit record revenue, up 23% Q/Q and logging 30% annual growth.Automotive, Broadcast &a...
Microchip Technology (MCHP) acquired Toronto-based LegUp Computing Inc., expanding its Field-Programmable Gate Array based edge compute solution stack with a high-level synthesis tool.Commercialized from University of Toronto research, the LegUp HLS tool will make it easier for a larger commu...
CHANDLER, Ariz., Oct. 21, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (Nasdaq: MCHP) today announced it acquired Toronto-based LegUp Computing Inc., expanding its Field-Programmable Gate Array (FPGA)-based edge compute solution stack with a high-level synthesis (HLS) tool. Commer...
NZS Capital, an investment company focused on innovative businesses that work toward maximizing non-zero-sum outcomes for their investors, customers, employees, society, and the global environment. The NZS Capital Global Growth Strategy returned 14.41% in the third quarter of 2020 and...
Semiconductor bellwether Texas Instruments ([[TXN]] +0.2%) reports Q3 results after the bell today. Last quarter, auto weakness weighted down year-over-year sales performance. But a recent peer update suggests TXN's auto pressure could ease this quarter.For Q3, consensus estimates expect reve...
CHANDLER, Ariz., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Sensor-based Internet of Things (IoT) applications rely on a combination of analog functionality and digital control capability to meet a challenging list of requirements including low cost, small size, performance and low power. Addressing...
Citing the company's growth prospects and attractive valuation, Morgan Stanley raises Microchip Technology (MCHP) from Equal-Weight to Overweight and increases the price target from $109 to $131.Analyst Craig Hettenbach says Microchip's "high leverage and volatile bookings have overshado...
CHANDLER, Ariz., Oct. 13, 2020 (GLOBE NEWSWIRE) -- As the Internet of Things (IoT) expands beyond home automation and drives deeper into home control – including Heating, Ventilation and Air Conditioning (HVAC), garage doors and fans – and grows in building and industrial auto...
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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...