The Latest Breaking News from MCHP

Despite Microchip Technology significantly trailing behind the Nasdaq over the past year, analysts are bullish about the stock's growth potential.

Although several innovators tied to the explosive artificial-intelligence ecosystem swung higher on Thursday, Microchip Technology Inc (NASDAQ:MCHP) represented a conspicuous laggard. What appears to have dragged down the semiconductor firm — which specializes in microcontrollers used in industrial, automotive and embedded systems — is investor anxiety related to management's tepid…

Microchip Technology is gearing up to release its first-quarter results next month, with analysts expecting earnings to decline in a double-digit figure.

Microchip Technology has significantly underperformed the broader market over the past year, yet analysts remain strongly bullish on the stock’s prospects.

NXP Semiconductors has trailed the S&P 500 Index over the past year, but analysts remain highly optimistic about the stock's prospects.

Stocks had a strong week on a potential U.S.-China trade deal and cooler inflation data, but volatility may remain as investors shift focus to tax cuts

Microchip Technology is well-positioned with a U.S.-based fab footprint and improving demand, an inflection was reached at the end of F2204.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.53%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.79%. June E-mini S&P futures (ESM25 ) are up +0.55%, and June E-mini Nasdaq futures...

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.70%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.39%. June E-mini S&P futures (ESM25 ) are up +0.36%, and June E-mini Nasdaq futures...