The Chandler semiconductor company said it is continuing working through issues to reduce its inventory surplus.

Q3 2025 Management View 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 ...

Microchip Technology reported its third-quarter financial results after Thursday's closing bell. Here's a look at the details ...

James Bjornholt; Chief Financial Officer, Senior Vice President; Microchip Technology Inc Richard Simoncic; Senior Vice President - Analog Power and Interface Business Units; Microchip Technology Inc ...

Microchip Technology Incorporated ( NASDAQ: MCHP) Q3 2025 Earnings Conference Call February 6, 2025 5:00 PM ET Steve Sanghi - Chief Executive Officer Eric Bjornholt - Chief Financial Officer Rich ...

Chipmaker Microchip Technology forecast fourth-quarter net sales and profit below Wall Street estimates on Thursday, anticipating tepid demand as customers in the automotive market still work on ...

Reports Q3 revenue $1.026B, consensus $1.05B. “Our December quarter performance reflects the need for the decisive steps we are taking to ...

Microchip的首席执行官兼总裁Steve Sanghi在公告中表示，尽管公司和其客户及渠道合作伙伴的库存水平已经显著减少，但他认为库存调整周期尚未结束。Sanghi进一步透露，尽管3月季度的预订率相比12月有所上升，但整体水平仍然保持在低位。对于接下来的3月季度，Microchip预计其净销售额将在9.20亿美元至10.00亿美元之间。

"While we have seen substantial inventory destocking at our customers and channel partners, we believe the correction cycle is still not completed," said CEO Steve Sanghi. The company is taking a ...