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Microchip, Arizona

ABC15 Arizona · 5h

Microchip to close Arizona facility amid cost concerns

Microchip Technology Inc. said Monday it intends to shut down its Tempe computer chip factory as it tries to curtail costs amid an anticipated slowdown in sales.

Digi Times · 16h

Microchip to close Arizona fab amid revenue slowdown

Microchip Technology announced plans to shut down its Fab 2 facility in Tempe, Arizona, as part of a broader restructuring effort amid declining revenue and persistent inventory challenges. The closure,

U.S. News & World Report · 2d

Microchip Technology Lowers Quarterly Revenue Forecast, Shuts Arizona Factory

Microchip has been through a tumultuous few quarters, grappling with slowing orders for its automotive chips as carmakers, navigating an uncertain macro economy, clear existing inventory which they built up to avoid a supply crunch.

Microchip Pauses Chips Act Application

Hosted on MSN · 23h

Microchip Pauses Chips Act Application Amid Inventory Woes

Microchip Technology Inc. is pausing its application for US semiconductor subsidies, making it the first known company to step back from a program designed to revitalize American chipmaking.

Microchip pauses Chips Act application

Microchip Technology Inc is pausing its application for US semiconductor subsidies, making it the first known company to step back from a programme designed to revitalise American chipmaking.

Seeking Alpha on MSN · 12h

Microchip pauses US Chips Act application amid 'capacity' woes - report

Microchip Technology (NASDAQ:MCHP) is pausing its application for U.S. chip subsidies, making it the first known company to step back from a program aimed at boosting U.S. chip manufacturing capabilities,

12h

Semiconductor maker plans 'top-to-bottom' review after Tempe factory closure

CEO Steve Sanghi of Microchip Technology plans a review of company operations after the semiconductor maker said it would ...

2don MSN

Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views

The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected ...

2d

Microchip Says It Will Shut Arizona Plant, Updates Outlook

Microchip Technology Inc., a maker of chips for cars, consumer devices and other products, said it would close a plant in ...

1d

Microchip Technology to close Tempe plant in cost-saving move that will affect 500 workers

Microchip Technology plans to close a Tempe manufacturing plant and transfer production to factories in other states, ...

11h

Microchip price target lowered to $87 from $90 at Stifel

Stifel lowered the firm’s price target on Microchip (MCHP) to $87 from $90 and keeps a Buy rating on the shares after the ...

Microchip to close Tempe plant, impacting 500 employees

Microchip Technology will close its semiconductor factory in Tempe in 2025, affecting about 500 workers. By shutting the ...

1d

Microchip’s Long-Term Potential Outweighs Short-Term Challenges: Buy Rating Affirmed

Needham analyst Quinn Bolton has maintained their bullish stance on MCHP stock, giving a Buy rating today.Don't Miss our Black Friday ...

1d

Microchip stock price is on the verge of a bearish breakout

Microchip stock price remains in a strong bear market after falling by almost 30% from its highest level this year. MCHP ...

1d

Why Microchip Technology (MCHP) Shares Are Trading Lower Today

Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 10.3% in the morning session after the company provided ...

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