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Record net sales of $1.758 billion, up 6.5% sequentially and up 30.0% from the year ago quarter. The midpoint of our guidance provided on November 4, 2021 was net sales of $1.749 billion. On a GAAP basis: record gross margin of 65.6%; record operating income of $515.0 million an...
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 report optimizes tradi...
CHANDLER, Ariz., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Factory automation is increasing efficiencies, from reducing handling and storage to improving throughput. Connected warehouses and other industrial ecosystems with converged Information Technology (IT) and Operational Technology (OT) archi...
CHANDLER, Ariz., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Space system designers cannot easily support non-standard voltages or add functions with traditional hybrid-style power converters. Microchip Technology Inc. (Nasdaq: MCHP) has eliminated the cost, complexity and customization challenge...
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 report optimizes tradi...
CHANDLER, Ariz., Jan. 12, 2022 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the 24 th Annual Needham Virtual Growth Conference ...
CHANDLER, Ariz., Jan. 04, 2022 (GLOBE NEWSWIRE) -- Embedded engineers seeking complete analysis of projects for rapid development require easy-to-use yet powerful emulation hardware. Microchip Technology Inc. (NASDAQ: MCHP) today announced the MPLAB ® ICE 4 ...
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 report optimizes tradi...
While the electric vehicle (EV) industry suffered this year due to the global semiconductor shortage, initiatives worldwide to push toward a clean energy-based future, and an increased focus on ramping up semiconductor production, should drive the industry’s growth next year. Therefore...
We believe 2022 will be a much more difficult year for investing in semiconductors than 2021’s high tide that lifted almost all boats. Given the issues with supply that should be resolved in the next few months, more pandemic lockdowns and an economic slowdown in China, stock p...
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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...