STOCK TITAN

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 Impact
Rhea-AI Sentiment
End-of-Day
-1.98%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.98%
Tags
conferences
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.22%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.76%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.1%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
Tags
dividends
Rhea-AI Summary
Microchip Technology Incorporated reports record net sales of $2.233 billion for the quarter ended March 31, 2023, up 2.9% sequentially and 21.1% YoY. They also paid down $153.0 million of debt and returned $469.8 million to shareholders in the March quarter. A record quarterly dividend of 38.3 cents per share was declared for the June quarter, up 38.8% YoY.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
Tags
-
Rhea-AI Summary
Renowned semiconductor industry leader, Steve Sanghi, has released his long-awaited book, Up and to the Right: My Personal and Business Journey Building the Microchip Technology Juggernaut. Sanghi led Microchip Technology for over three decades, transforming the company from a failing enterprise to a market leader with a market capitalization of $43 billion. The book provides insights into the transformation of Microchip Technology and valuable insights into building a successful enterprise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
Tags
none
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.