Key Takeaways Microchip Technology announced it has brought in Macquarie Group to facilitate the sale of its manufacturing ...

Microchip engaged the Australian financial services firm to sell its Tempe factory — known as Fab 2 — as part of the company’s previously announced plan to cut costs and resize its total manufacturing ...

Microchip Technology has hired Macquarie Group to help in the sale of its Tempe factory as the Chandler chipmaker aims to return to profitability.

Looking back on analog semiconductors stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including ...

More than 200 Microchip Technology employees in Colorado Springs will receive pink slips in March, part of the chipmaker's ...

Microchip Technology seeks to cut costs and resize its operations in cutbacks hitting its Colorado operations and companywide ...

GRESHAM, Ore. — This story comes from the Portland Business Journal, a KGW news partner. The Business Journal has the full story here. Microchip Technology will lay off 2,000 workers, including ...

In a statement provided by Microchip’s media team, Microchip President and CEO Steve Sanghi said, “Microchip has been navigating an inventory correction that’s occurring in the midst of a ...

Microchip will also have to pay about $45 million for modifications and cancellations of foundry contracts. CEO Steve Sanghi, who was Microchip’s CEO for 30 years before handing over to Ganesh Moorthy ...

as the chipmaker looks to restructure under interim CEO Steve Sanghi. Technologycategory· November 5, 2024 Microchip Technology forecasts quarterly results below estimates on weak automotive ...

Microchip will also cease operations at its Arizona chip fab in May, affecting around 500 employees. While the company had ...