Browsing Tag
Microchip Technology
4 posts
Microchip Technology (Nasdaq: MCHP) beats Q1 and guides Q2 above Street on data centre demand
Microchip Technology guided Q2 to $1.59-1.62B revenue and $0.91-0.95 EPS, sending MCHP up 9% after hours as data centre demand joins the industrial rebound.
Microchip (NASDAQ: MCHP) to acquire Hailo, adding edge AI processors and vision SoCs
Microchip agrees to acquire distressed edge AI unicorn Hailo on immaterial terms; integration sits inside a company just halved by layoffs and a SPAC pivot.
STMicroelectronics (STM) guides Q3 revenue below consensus even as 2027 data centre target crosses $2bn
STMicroelectronics missed Q3 revenue consensus but lifted its 2027 data centre target above $2 billion, testing investor patience on margin recovery.
Microchip Technology amplifies operations in India with $300m investment
Microchip Technology, a US-based provider of smart, secure, and connected embedded control solutions, has revealed a multi-year plan…