The Latest Breaking News from Microchip

A cyberattack sparked more selling in this dividend-paying chip stock, but at least one analyst says the pullback is a buying opportunity.

U.S. chipmaker Microchip Technology suffers from cyberattack, forcing it to reduce operations as it looks into the scope of the damage.

Signs all point to assault being a ransomware attack, but so far no actors have assumed responsibility.

The CXL consortium has had a regular presence at FMS (which rechristened itself from 'Flash Memory Summit' to the 'Future of Memory and Storage' this year). Back at FMS 2022, the company had announced v3.0 of the CXL specifications. This was followed by CXL 3.1's introduction at Supercomputing 2023. Having…

The growth in the enterprise SSD (eSSD) market has outpaced that of the client SSD market over the last few years. The requirements of AI servers for both training and inference has been the major impetus in this front. In addition to the usual vendors like Samsung, Solidigm, Micron, Kioxia,…

At FMS 2024, the technological requirements from the storage and memory subsystem took center stage. Both SSD and controller vendors had various demonstrations touting their suitability for different stages of the AI data pipeline - ingestion, preparation, training, checkpointing, and inference. Vendors like Solidigm have different types of SSDs optimized…

With Intel suspending its dividend, investors seeking alternative semiconductor stocks with strong growth prospects and reliable income streams may consider Broadcom (AVGO), Qualcomm (QCOM), and Microchip Technology (MCHP), which offer attractive dividend yields and solid market positions.

Microchip recently announced the availability of their second PCIe Gen 5 enterprise SSD controller - the Flashtec 5016. Like the 4016, this is also a 16-channel controller, but there are some key updates: PCIe 5.0 lane organization: Operation in x4 or dual independent x2 / x2 mode in the 5016,…

HighPoint Technologies has updated their NVMe switch and RAID solutions with PCIe 5.0, and supporting up to eight NVMe drives. The new HighPoint Rocket 1600 (switch add-in card) and 7600 series (RAID adapters) are the successors to the SSD SSD7500 series adapter cards introduced in 2020. Similar to its predecessors,…

Here are three stocks that bring investors the best of both worlds - the high growth of the semiconductor space, along with regular passive income through dividends.

Despite Microchip trailing behind the Nasdaq Composite over the past year, Wall Street analysts remain optimistic about the stock’s prospects.