Microchip Technology Inc. Stock Price, News & Analysis

Microchip Technology (MCHP) has raised its financial guidance for Q1 FY2026. The company now expects consolidated net sales between $1.045-1.070 billion, up from the previous guidance of $1.025-1.070 billion. The GAAP loss per share forecast improved to $(0.11)-$(0.07) from $(0.15)-$(0.07), while non-GAAP EPS guidance increased to $0.22-$0.26 from $0.18-$0.26. CEO Steve Sanghi noted that business performance is exceeding expectations, with May bookings tracking to be the highest in two years. The company is gaining confidence in its business recovery through strategic initiatives, inventory reduction, and progress toward its long-term business model.

Microchip Technology (NASDAQ:MCHP) announced its participation in the TD Cowen 53rd Annual Global Technology, Media, and Communications Conference on May 28, 2025. The company's presentation will be delivered by Chief Operating Officer Richard Simoncic and CFO Eric Bjornholt at 10:50 a.m. Eastern Time.

Microchip Technology, headquartered in Chandler, Arizona, is a leading provider of smart, connected, and secure embedded control solutions. The company serves approximately 112,000 customers across industrial, automotive, consumer, aerospace and defense, communications, and computing markets. A live webcast of the presentation will be available on the company's website.

Microchip Technology (MCHP) has launched PolarFire Core FPGAs and SoCs, offering up to 30% cost reduction compared to classic PolarFire families. These new devices maintain the same low-power efficiency, security, and reliability while removing integrated transceivers to optimize costs. The Core devices feature Single Event Upset immunity and include a quad-core 64-bit RISC-V microprocessor, targeting automotive, industrial automation, medical, communication, defense, and aerospace markets. They are pin-to-pin compatible with full PolarFire FPGAs and supported by Microchip's development tools including Libero SoC Design Suite, SmartHLS compiler, and VectorBlox Accelerator SDK.

Microchip Technology (NASDAQ: MCHP) has unveiled its new MEC175xB embedded controllers featuring post-quantum cryptography capabilities. The controllers are designed to meet the NSA's Commercial National Security Algorithm Suite 2.0 (CNSA 2.0) standards, which require quantum-resistant cryptography implementation within two years. The MEC175xB family includes NIST-approved post-quantum cryptographic algorithms implemented in immutable hardware, secure boot solutions, and an enhanced Serial Peripheral Interface. Powered by an Arm Cortex-M4F processor running at 96 MHz, the controllers feature 480 KB of SRAM and various connectivity options. The product incorporates ML-DSA, LMS verification, and ML-KEM algorithms for quantum attack resistance, making it suitable for data centers and computing markets requiring enhanced security measures.

Microchip Technology (MCHP) has opened registration for its 25th annual MASTERs Conference, scheduled for August 4-7, 2025, at the Fairmont Scottsdale Princess in Arizona. The premier technical training event will feature over 80 technical sessions covering topics like AI/ML, MCUs/MPUs, FPGAs, and security. The conference includes an "Ask the Experts" area with 30+ instructor-led demos and a keynote address by CEO Steve Sanghi.

Early registration pricing is $2,183 until May 31, 2025, increasing to $2,425 afterward. The all-inclusive package covers training, materials, three nights' accommodation, meals, and evening entertainment. Registration deadline is July 14, 2025.

Microchip Technology (NASDAQ:MCHP) announced its participation in the J.P. Morgan 53rd Annual Global Technology, Media, and Communications Conference on May 14, 2025. Eric Bjornholt, Senior VP and CFO, will represent the company at 3:00 p.m. Eastern Time. The presentation will be accessible via live webcast on Microchip's website.

Microchip Technology, headquartered in Chandler, Arizona, is a leading provider of smart, connected, and secure embedded control solutions. The company serves approximately 112,000 customers across industrial, automotive, consumer, aerospace and defense, communications, and computing markets, offering development tools and comprehensive product portfolio to optimize designs and reduce system costs.

Microchip Technology (NASDAQ: MCHP) has declared a quarterly cash dividend of 45.5 cents per share on its common stock. The dividend will be paid on June 5, 2025, to stockholders of record as of May 22, 2025. The company has been consistently paying quarterly dividends since the third quarter of fiscal year 2003.

Microchip Technology, headquartered in Chandler, Arizona, is a leading provider of smart, connected, and secure embedded control solutions. The company serves approximately 109,000 customers across various sectors including industrial, automotive, consumer, aerospace and defense, communications, and computing markets.

Microchip Technology (MCHP) reported Q4 FY2025 results with net sales of $970.5M, down 26.8% YoY and 5.4% sequentially. The company posted a GAAP net loss of $156.8M ($0.29 per share) and Non-GAAP net income of $61.4M ($0.11 per share). For FY2025, revenue was $4.402B, declining 42.3% YoY. The company returned $244.8M to shareholders through dividends in Q4 and declared a $0.455 quarterly dividend. Notably, Microchip achieved its first positive book-to-bill ratio in nearly three years and expects Q1 FY2026 revenue between $1.02B-$1.07B. The company reduced total net debt by $1.30B through a mandatory convertible preferred offering and decreased inventory by $62.8M. Management believes Q4 marks the bottom of the industry downcycle, with April bookings showing improvement over Q1 levels.

Microchip Technology (NASDAQ: MCHP) has appointed Rick Cassidy to its Board of Directors, effective May 2, 2025. Cassidy, currently serving as Senior Vice President of Corporate Strategy Development at TSMC and Chairman of TSMC Arizona, brings nearly three decades of semiconductor industry experience. His notable roles include President and CEO of TSMC North America and founding President and CEO of TSMC Arizona. Cassidy's extensive background includes key positions at National Semiconductor and service on the Global Semiconductor Alliance Board.

The appointment strengthens Microchip's strategic leadership, leveraging Cassidy's expertise in corporate strategy, customer relationships, and semiconductor industry dynamics.