CHANDLER, Ariz., March 20, 2025 (GLOBE NEWSWIRE) -- Microchip Technology (MCHP) today announced it has engaged Macquarie Group to oversee the marketing and sale of its wafer fabrication facility (“Fab ...

Shares of semiconductor company Microchip Technology Incorporated (NASDAQ:MCHP) are trading nearly flat on Monday. The company is planning additional restructuring efforts designed to lower ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Microchip Technology will lay ...

Steve Sanghi, CEO, announced several strategic initiatives as part of a nine-point plan. Key decisions include the closure of the Tempe Fab (Fab 2), capacity adjustments at other fabs, and ...

Microchip Technology said Monday that it will shutter its factories for another two weeks at the end of June after another steep decline in quarterly revenue. The Arizona company’s executives and ...

CHANDLER, Ariz., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, provided lower updated revenue ...

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 ...

Microchip Technology Inc. has hired Macquarie Group to facilitate marketing and sale of its Tempe wafer fabrication facility, the Chandler-based semiconductor company announced Thursday. Microchip ...

Microchip Technology MCHP1.43%increase; green up pointing triangle is reducing its workforce across manufacturing and corporate operations by about 2,000 as the embattled chip maker looks to cut costs ...