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Microchip has seen revenue come under pressure for several quarters, but it's now calling for the bottom in its outlook with revenue growth set to take off in CY2021. Microchip sees an increasing order backlog as evidence of an impending upturn, but there may be more than meets the ey...
CHANDLER, Ariz., Nov. 11, 2020 (GLOBE NEWSWIRE) -- Due to the rise of in-vehicle network connections like Bluetooth ® and LTE/5G, today's vehicles host more vulnerabilities than ever before, driving new cybersecurity regulations and specifications for the automotive market. Helping...
SiTime went public in the U.S. in November, 2019. The firm designs and sells various MEMS products to equipment manufacturers in a variety of end markets. SITM has performed remarkably well since its IPO and I suspect it will continue to do so at least through its Q4 results. ...
Microchip posts solid FQ2 '21 earnings on a demand recovery in autos, industrial, and consumer, along with ongoing margin expansion. The operating environment is improving heading into 2021, with management even calling for a cyclical bottom. With the company also looking to pay d...
In this article series, we provide a weekly summary of dividend changes. A summary table provides relevant data and key statistics of dividend increases. We include a table of ex-dividend dates for the next two weeks. For further details see: Dividend Changes: October 31...
CHANDLER, Ariz., Nov. 10, 2020 (GLOBE NEWSWIRE) -- As the high-performance computing demands of data center workloads increase, new ultra-low-latency signal transmission technology is required to advance the performance in Artificial Intelligence (AI), Machine Learning (ML), Advanced Driver...
A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Champion And Contender Highlights: We...
Image source: The Motley Fool. Microchip Technology (NASDAQ: MCHP) Q2 2021 Earnings Call Nov 05, 2020 , 5:00 p.m. ET Operator Continue reading For further details see: Microchip Technology (MCHP) Q2 2021 Earnings Call Transcript
Microchip Technology (MCHP) shares are currently up 5.8% after yesterday's fiscal Q2 results and in-line outlook, an announced CEO change, and a slate of analyst price target increases.For Q3, MCHP forecasts $1.310 to $1.375B in revenue (consensus: $1.33B), 62.4% to 62.8% gross margin, a...
Microchip Technology Incorporated (MCHP) Q2 2021 Earnings Conference Call November 05, 2020 05:00 PM ET Company Participants Steve Sanghi - Chairman and Chief Executive Officer Ganesh Moorthy - President and Chief Operating Officer Eric Bjornholt - Chief Financial Officer Conference Call Part...
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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...