STOCK TITAN
  1. Home
  2. News
  3. MCHP

Microchip Technology, Inc. - MCHP STOCK NEWS

Welcome to our dedicated news page for Microchip Technology (Ticker: MCHP), a resource for investors and traders seeking the latest updates and insights on Microchip Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Microchip Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Microchip Technology's position in the market.

News
Microchip Technology to Present at the Raymond James Instutional Investors Conference
Rhea-AI Summary
Microchip Technology Incorporated will be presenting at the Raymond James Institutional Investor Conference, with Mr. Eric Bjornholt, Senior Vice President and CFO, representing the Company. The presentation will be live-streamed on March 6, 2024, at 9:15 a.m. (Eastern Time) via the Microchip website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.47%
Tags
conferences
-
News
Microchip Technology to Present at the Morgan Stanley Technology, Media & Telecom Conference
Rhea-AI Summary
Microchip Technology Incorporated will present at the Morgan Stanley Technology, Media & Telecom Conference on March 6, 2024. Mr. Ganesh Moorthy, President and CEO, will represent the company. The presentation will be live-streamed on the Microchip website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.47%
Tags
conferences
-
News
Microchip Launches New dsPIC® DSC-Based Integrated Motor Drivers that Bring Controllers, Gate Drivers and Communications to a Single Device
Rhea-AI Summary
Microchip Technology (Nasdaq: MCHP) launches new integrated motor drivers to simplify motor control system development, reduce component count, and save costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
none
News
Microchip Expands its mSiC™ Solutions with the 3.3 kV XIFM Plug-and-Play mSiC Gate Driver to Accelerate the Adoption of High-Voltage SiC Power Modules
Rhea-AI Summary
Microchip Technology introduces the 3.3 kV XIFM plug-and-play mSiC™ gate driver with patented Augmented Switching™ technology to simplify SiC technology adoption. The gate driver features digital control, integrated power supply, and robust fiber-optic interface, reducing design time by up to 50%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
none
-
News
Microchip’s Low-Cost PolarFire® SoC Discovery Kit Makes RISC-V® and FPGA Design More Accessible for a Wider Range of Embedded Engineers
Rhea-AI Summary
Microchip Technology Launches PolarFire SoC Discovery Kit to Empower Innovation in Embedded Systems
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.4%
Tags
none
-
News
TimeProvider® 4500 Series is the Industry’s First Grandmaster to Provide High-Speed Network Interfaces up to 25 Gbps
Rhea-AI Summary
Microchip Technology introduces the TimeProvider 4500 grandmaster clock, offering precise time accuracy of less than one nanosecond and high-speed network interfaces up to 25 Gbps. The clock supports thousands of clients and various network elements, providing cost-effective and flexible deployments for operators. It features enhancements for picosecond time accuracy and is integrated with the TimePictra synchronization management solution. The TimeProvider 4500 aims to address the need for accurate time sources in critical infrastructure market segments like 5G telecommunications, power utilities, and transportation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
none
News
Microchip Earns Certification in ISO/SAE 21434 Road Vehicle—Cybersecurity Engineering Standard from UL Solutions
Rhea-AI Summary
Microchip Technology (MCHP) has recently been audited and certified as compliant to ISO/SAE 21434, a demanding standard with 45 security categories. The certification confirms the presence of a certified corporate cybersecurity management system and the priority focus on cybersecurity throughout the organization. Stakeholders involved in the product lifecycle are required to complete cybersecurity training and meet designated qualifications, with a TARA methodology incorporated at multiple stages of the product lifecycle. This certification is proof of Microchip's dedication to maintaining high standards in automotive cybersecurity, providing customers with confidence in their security products and reducing the burden on Tier-1s and OEMs to prove compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
Tags
none
-
News
Microchip Technology Increases Quarterly Cash Dividend 25.7% Year-Over-Year to 45.0 Cents Per Share
Rhea-AI Summary
Microchip Technology Incorporated (MCHP) declared a quarterly cash dividend of 45.0 cents per share, payable on March 8, 2024, to stockholders of record on February 23, 2024. The company has increased its dividend 80 times since its inception and has a history of 86 consecutive quarters of dividend payments. Despite falling short of guidance in December 2023, the company's cash generation remained strong, leading to a year-over-year increase in the dividend of 25.7%. Microchip remains committed to returning 100% of its adjusted free cash flow to shareholders by the March 2025 quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
dividends
-
News
Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2024
Rhea-AI Summary
Microchip Technology Incorporated reported a 21.7% sequential decline in net sales to $1.766 billion, missing the November guidance due to weaker business conditions. The company's GAAP EPS was $0.77 per diluted share, below the projected range of $0.68 to $0.76, while Non-GAAP EPS came in at $1.08 per diluted share, lower than the expected $1.09 to $1.17. Microchip returned $352.0 million to shareholders through dividends and stock repurchases, paid down $392.0 million of debt, and declared a record quarterly dividend of 45.0 cents per share, up 25.7% from the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
earnings
News
The Next Evolutionary Step in Customizable Logic, Microchip Releases PIC16F13145 Family of MCUs
Rhea-AI Summary
Microchip Technology (Nasdaq: MCHP) has launched the PIC16F13145 family of microcontrollers (MCUs) with a new Core Independent Peripheral (CIP)—the Configurable Logic Block (CLB) module. This tailored hardware solution enables the creation of hardware-based, custom combinational logic functions directly within the MCU, eliminating the need for external logic components and reducing Bill of Materials (BOM) cost and power consumption. The CLB improves system latency, provides a low-power solution, and can make logical decisions while the CPU is in sleep mode. The MCUs also include a fast 10-bit Analog-to-Digital Converter (ADC), an 8-bit Digital-to-Analog (DAC) converter, fast comparators, and serial communication modules. The family is supported by the MPLAB Code Configurator (MCC) and is available starting at $.47 each in 10,000-unit quantities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
none
Stock MCHP logo
Microchip Technology, Inc.

Nasdaq:MCHP

MCHP Rankings

#265 Ranked by Market Cap
#1009 Ranked by Stock Gains
#1377 Ranked by Dividends

MCHP Stock Data

46.28B
528.58M
2.08%
95.7%
4.83%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
Chandler

About MCHP

microchip technology inc. (nasdaq: mchp) is a leading provider of microcontroller, mixed-signal, analog and flash-ip solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. microchip serves over 70,000 customers in more than 65 countries who are designing high-volume embedded control applications in the consumer, automotive, office-automation, communications and industrial-control markets worldwide. headquartered in chandler, arizona, microchip offers outstanding technical support along with dependable delivery and quality.