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Microchip Technology (NASDAQ:MCHP) Misses Q4 Analysts’ Revenue EstimatesAnalog chipmaker Microchip Technology (NASDAQ:MCHP) in Q4 CY2024, with sales falling 41.9% year on year to $1.03 billion.
Despite a decline in net sales, Microchip Technology Inc (MCHP) focuses on innovation and efficiency to drive future growth.
Truist lowered the firm’s price target on Microchip (MCHP) to $56 from $68 and keeps a Hold rating on the shares. The company missed estimates ...
Microchip Technology's revenue has been declining for four consecutive quarters. Read more to see why I'm very bearish on ...
MCHP's third-quarter fiscal 2025 results suffer from a significant revenue drop, sluggish guidance and demand challenges across key markets.
Pre-earnings options volume in Microchip (MCHP) is 3.6x normal with puts leading calls 5:4. Implied volatility suggests the market is ...
Piper Sandler adjusted its outlook on Microchip Technology (NASDAQ:MCHP) shares, reducing the price target to $65 from the previous $85 while maintaining an Overweight rating on the stock. The firm's ...
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