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Why Microchip Technology (MCHP) Shares Are Getting Obliterated Today
Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 7% in the morning session after the company reported ...
Microchip shares tumble as earnings miss Wall Street expectations
The Chandler semiconductor company said it is continuing working through issues to reduce its inventory surplus.
Microchip price target lowered to $56 from $68 at Truist
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 ...
Why Microchip would rather borrow money to pay its high dividend than cut it
Excluding nonrecurring items, such as restructuring costs and the effects of share-based compensation, adjusted earning per share of 20 cents missed the FactSet consensus of 27 cents. The margin of ...