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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.

Rhea-AI Summary
Microchip Technology Incorporated announced the appointment of Ellen Barker, former Senior Vice President and Chief Information Officer of Texas Instruments, to join the Board of Directors effective February 2, 2024. With over 35 years of industry experience, Ms. Barker brings expertise in operations, technology, finance, acquisition integration, and cybersecurity to Microchip. The company's Executive Chair, Steve Sanghi, expressed enthusiasm for Ms. Barker's appointment, highlighting her valuable knowledge of the semiconductor industry. Ellen Barker also serves on the advisory board of the Alliance of Technology and Women, a non-profit organization focusing on supporting girls and women in technology and increasing the number of women in leadership. Ms. Barker expressed her excitement to contribute to Microchip's strategy and results, emphasizing the company's broad technology product portfolio and strong business foundation based on culture and sustainability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.38%
Tags
management
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Rhea-AI Summary
Microchip Technology (Nasdaq: MCHP) has launched the MCP998x family of automotive-qualified remote temperature sensors, offering 10 devices with 1°C accuracy at a wide operational temperature range. These sensors integrate resistance error correction and beta compensation, reducing board complexity and size. The MCP998x family provides customers with a broad range of automotive multi-channel temperature sensors to choose from, with features designed for high temperature applications in automotive functions including HID lamps, ADAS, automotive servers, video processing, infotainment systems, engine control, telematics, and body electronics such as seat control, lighting systems, mirror control, and power windows.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.38%
Tags
none
-
Rhea-AI Summary
Microchip Technology announces its next-generation of LAN969x Ethernet switches with Time Sensitive Networking (TSN), scalable bandwidths from 46 Gbps to 102 Gbps and a powerful 1 GHz single-core Arm Cortex-A53 CPU. The LAN969x Ethernet switches are highly configurable with options of up to 30 ports, targeting secure and safety-critical applications where high-port-count 10M/100M/1G/2.5G/10G switching links are required. The devices are supported with the VSC6817SDK IStaX Linux application software package, enabling designers to quickly bring products to market. The LAN969x family is available with security add-ons such as secure boot and secure firmware execution based on the customer’s root-of-trust manufacturing process, providing security through Ternary Content Addressable Memory (TCAM)-based frame processing using a Versatile Content Aware Processor (VCAP), Arm Trusted Firmware methodology for fast secure boot, crypto libraries, and hardware security accelerators for boot and code encryption, and one-time programmable immutable key storage.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
none
Rhea-AI Summary
Microchip Technology Inc. (MCHP) provided preliminary revenue results for the three months ended December 31, 2023. The weakening economic environment led to lower shipments and extended shutdowns for customers, resulting in a sequential revenue decline.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
Tags
-
Rhea-AI Summary
Microchip Technology (MCHP) introduces its SP1F and SP3F power modules with Press-Fit terminals for high-volume manufacturing in E-Mobility, sustainability, and data center markets. The solder-free solution simplifies and speeds up the assembly process, reducing manufacturing costs. The SP1F and SP3F power modules are highly configurable in SiC or Si technology, offering over 200 variants with a voltage range of 600V-1700V and up to 280A. The Press-Fit terminal option eliminates the need for wave soldering, providing a reliable mounting solution for automated or robotic assembly. Microchip's power modules are fully compliant with the RoHS directive.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
none
-
Rhea-AI Summary
Microchip Technology Incorporated (MCHP) will present at the UBS Technology Conference on November 28, 2023, at 9:35 a.m. Mr. Ganesh Moorthy, President and CEO, will represent the company. A live webcast of the presentation will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
conferences
Rhea-AI Summary
Microchip Technology (MCHP) launches the PIC18-Q24 Family of Microcontrollers (MCUs) with enhanced security features including the Programming and Debugging Interface Disable (PDID) feature to protect firmware and data. The MCUs also feature Multi-Voltage I/O (MVIO) to interface with digital inputs or outputs at different operating voltages, reducing system costs and increasing flexibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
Tags
none
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Rhea-AI Summary
Microchip Technology (Nasdaq: MCHP) Launches TA101 TrustAnchor Security IC to Meet Enhanced Cybersecurity Requirements in Automotive and Embedded Applications. The TA101 supports larger key sizes, Edwards Curve ed25519 algorithm standards, and offers greater security strength, exceeding current standards while maintaining backwards compatibility for smaller keys. It is designed to support automotive security, data center, and industrial applications, offering easy patch updates, message authentication, TLS, secure boot, HDCP, firmware updates, security upgrades, transfer of ownership, key management, and WPC Qi® 1.3 authentication.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags
none
-
Rhea-AI Summary
Microchip Technology (MCHP) launches the MPLAB XC-DSC Compiler, specifically optimized for dsPIC® Digital Signal Controllers (DSCs), to meet the increasing demand for faster and more efficient coding and debugging in real-time control applications. The compiler offers PRO optimization licensing options starting as low as $44 USD, providing access to optimizations that allow designers to minimize code size, generate faster code, and reduce memory and power requirements. MPLAB XC compilers support Linux®, macOS®, and Windows® operating systems, and are seamlessly integrated within the MPLAB X IDE, which is available for free on Microchip’s website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.08%
Tags
none
Rhea-AI Summary
Microchip Technology Inc. (MCHP) announces the META-DX2C 800G retimer, a solution to address the demand for high-speed connections in backend data center networks and applications. The retimer is supported by a comprehensive solution for 800G AEC product development, including a hardware reference design and complete Common Management Interface Specification (CMIS) software package.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
AI
Microchip Technology, Inc.

Nasdaq:MCHP

MCHP Rankings

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.