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Microchip outlines $1.129B Q3 sales target and strategic data center shift as inventory normalizes
Sanghi provided guidance: "We expect our net sales for the December quarter to be $1.129 billion, plus or minus $20 million, which would be down 1% sequentially at the midpoint." The company expects ...
Microchip manufactures semiconductors that are utilized in products ranging from home appliances to computer network hardware to cars. Owing to its broad market exposure, the company’s results are ...
Microchip Technology continues inventory clearance, poised for H2 recovery, says analyst. Analyst flags ongoing undershipment at Microchip as strategic for post-clearance growth. The re-rating ...
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