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The Latest Breaking News from Microchip

AI Chip Stocks Hit Wall Of Inflated Expectations

Some semiconductor stocks tied to the artificial intelligence boom fell this week after missing sky-high whisper numbers.

Investors Business Daily

Chipmaker GlobalFoundries Tops Q1 Views, Offers Reassuring Outlook

Contract chipmaker GlobalFoundries beat estimates for the first quarter and offered in-line to better-than-expected guidance for the current period.

Investors Business Daily

Dow Jones Rises As Disney Dives On Sales Miss; Palantir Plunges On Earnings

Stock Market Today: The Dow Jones rose Tuesday even as Disney dived on a revenue miss. AI stock Palantir plunged on earnings.

Investors Business Daily

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Dow Jones Futures Rise: AI Stock Palantir Plunges On Earnings; Apple 'Let Loose' Event Next

Dow Jones Futures: AI stock leader Palantir plunged on earnings late Monday, while Apple's "Let Loose" event will take place Tuesday.

Investors Business Daily

Microchip Joins Other Chipmakers Cutting March-Quarter Forecasts

Microchip Technology followed a familiar pattern for many semiconductor stocks this earnings season. It guided lower for the March quarter.

Investors Business Daily

Industrial Slowdown Hits Semiconductor Stocks; AI, iPhone Suppliers Fare Better

A raft of semiconductor stocks fell this week after guiding well short of views for the December quarter.

Investors Business Daily

3 Semiconductor Stocks Showing Promising Returns for October

The rise in chip demand across various industries and favorable government policies are expected to boost the semiconductor industry. Therefore, it might be wise to buy fundamentally strong semiconductor stocks Applied Materials (AMAT), Microchip Technology (MCHP), and Everspin Technologies (MRAM), which are poised for promising returns this month. Read more.

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3 Tech Stocks to Buy Now for Q4

Looking to bolster your tech portfolio? Here are three stocks that have pulled back with the broader market in September, but look poised for growth going forward.

Barchart

3 Semiconductor Stocks Wall Street Expects to Rally 20% or More

Here's what you need to know about Wall Street's expectations for Microchip Technology, Advanced Micro Devices, and Wolfspeed after a challenging month for semiconductor stocks.

Barchart

Qualcomm Joins Other Chipmakers Guiding Lower For The March Quarter

Wireless-chip giant Qualcomm has joined the parade of chipmakers guiding below Wall Street's estimates for the March quarter.

Investors Business Daily

Dow Jones Rallies After Jobs Report; Block, Coinbase, DoorDash, Starbucks Jump On Earnings

The Dow Jones Industrial Average rallied 350 points Friday after the Labor Department's pivotal October jobs report.

Investors Business Daily

Microchip Technology Posts Upbeat Report Despite Supply Constraints

Microchip Technology beat Wall Street's targets for its fiscal second quarter and guided higher for the current period.

Investors Business Daily

Chinese acquisition of UK's leader microchip plant being reviewed on national security grounds

The UK Government has confirmed an assessment of the deal by Chinese-owned firm Nexperia to acquire Newport Wafer Fab

Birmingham Post

Dow Jones Rebounds After Stock Market Dive; Peloton, Upstart Crash On Earnings

The Dow Jones Industrial Average rallied 400 points Tuesday following Monday's market dive. Peloton and Upstart crashed on earnings results.

Investors Business Daily

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Investors Business Daily

Dow Jones Futures: What To Do After Monday's Stock Market Plunge; Biden Inflation Speech Next

Dow Jones futures moved higher after Monday's stock market plunge. President Biden's speech on inflation is scheduled for Tuesday.

Investors Business Daily

Microchip Technology Stock Rises On Beat-And-Raise Report

Microchip Technology late Monday beat Wall Street's targets for the March quarter and guided higher for the June quarter.

Investors Business Daily

Semiconductor Stocks Can't Catch A Break, Analyst Says

Most semiconductor stocks have faltered this earnings season despite many posting beat-and-raise reports.

Benzinga

Here's Why UBS Is Bullish On Microchip Tech

UBS analyst Pradeep Ramani upgraded Microchip Technology Inc (NASDAQ:MCHP) to Buy from Neutral with a price target of $92, up from $82, suggesting an upside of 21.5%. The analyst states that the Analog cycle is transitioning to the inventory build phase. However, it still "has legs" at least through 2022 and likely into the first…

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