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The Latest Breaking News from Microchip

Microchip Technology Posts Upbeat Report Despite Supply Constraints

Microchip Technology beat Wall Street's targets for its fiscal second quarter and guided higher for the current period.

Investors Business Daily

Chinese acquisition of UK's leader microchip plant being reviewed on national security grounds

The UK Government has confirmed an assessment of the deal by Chinese-owned firm Nexperia to acquire Newport Wafer Fab

Birmingham Post

Dow Jones Rebounds After Stock Market Dive; Peloton, Upstart Crash On Earnings

The Dow Jones Industrial Average rallied 400 points Tuesday following Monday's market dive. Peloton and Upstart crashed on earnings results.

Investors Business Daily

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Dow Jones Futures: What To Do After Monday's Stock Market Plunge; Biden Inflation Speech Next

Dow Jones futures moved higher after Monday's stock market plunge. President Biden's speech on inflation is scheduled for Tuesday.

Investors Business Daily

Microchip Technology Stock Rises On Beat-And-Raise Report

Microchip Technology late Monday beat Wall Street's targets for the March quarter and guided higher for the June quarter.

Investors Business Daily

Semiconductor Stocks Can't Catch A Break, Analyst Says

Most semiconductor stocks have faltered this earnings season despite many posting beat-and-raise reports.

Investors Business Daily

Here's Why UBS Is Bullish On Microchip Tech

UBS analyst Pradeep Ramani upgraded Microchip Technology Inc (NASDAQ:MCHP) to Buy from Neutral with a price target of $92, up from $82, suggesting an upside of 21.5%. The analyst states that the Analog cycle is transitioning to the inventory build phase. However, it still "has legs" at least through 2022 and likely into the first…

Benzinga

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