PolarFire® SoC FPGAs Achieve AEC-Q100 Qualification The robust, low-power solutions from Microchip Technology meet stringent automotive standards for reliability in harsh conditions CHANDLER, Ariz., March 24, 2025 (GLOBE NEWSWIRE) -- Microchip Technology’s (Nasdaq: MCHP) have earned the Automotive Electronics Council (AEC)-Q100 qualification. The AEC-Q standards are a guideline for integrated circuits, using stress tests to measure the reliability of electronic components in vehicles. AEC-Q100 qualified devices have gone through rigorous testing to demonstrate they can withstand extrem...
Microchip Technology Announces Pricing of Offering of Depositary Shares Representing Interests in Series A Mandatory Convertible Preferred Stock CHANDLER, Ariz., March 21, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) Microchip Technology Incorporated (“Microchip” or the “Company”), a leading provider of smart, connected, and secure embedded control solutions, today announced the pricing of its previously announced underwritten public offering of $1.35 billion of depositary shares (“depositary shares”), each representing a 1/20th interest in a share of newly issued 7.50% Series A Mandatory Conv...
Microchip Technology Engages Macquarie Group to Facilitate Sale of Tempe Fab 2 Wafer Fabrication Facility CHANDLER, Ariz., March 20, 2025 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announced it has engaged Macquarie Group to oversee the marketing and sale of its wafer fabrication facility (“Fab 2”) located in Tempe, Arizona. This decision is part of Microchip's previously announced manufacturing restructuring plan supporting its strategic goal of enhancing operational efficiency and profitability. The Fab 2 site, which includes installed and operational semiconductor e...
Moody's Ratings (Moody's) downgraded Microchip Technology Inc.'s (Microchip) senior unsecured rating to Baa2 from Baa1 and affirmed Microchip's P-2 backed commercial paper rating. We also changed the rating outlook to stable from negative. The rating downgrade reflects Microchip's weak financial p...
Microchip Technology Announces Launch of Offering of Depositary Shares Representing Interests in Series A Mandatory Convertible Preferred Stock CHANDLER, Ariz., March 19, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) Microchip Technology Incorporated (“Microchip” or the “Company”), a leading provider of smart, connected, and secure embedded control solutions, today announced the launch of an underwritten public offering (the “offering”) of $1.35 billion of depositary shares (“depositary shares”), each representing a 1/20th interest in a share of newly issued Series A Mandatory Convertible Prefe...
Entry-Level Microcontrollers Reduce System Cost and Complexity in Safety-Critical Applications Microchip’s AVR® SD MCU family enables industry-standard functional safety compliance at a price point under a dollar CHANDLER, Ariz., March 19, 2025 (GLOBE NEWSWIRE) -- To assist engineers in meeting stringent safety requirements while minimizing design costs and complexity, Microchip Technology (Nasdaq: MCHP) has launched the . The MCUs feature built-in functional safety mechanisms and are designed to support applications requiring rigorous safety assurance. Paired with a dedicated safety so...
Microchip Introduces Electric Two-Wheeler Ecosystem to Accelerate E-Mobility Innovation Scalable and flexible solutions to design diverse models of e-scooters and e-bikes CHANDLER, Ariz., March 17, 2025 (GLOBE NEWSWIRE) -- The electric two-wheeler market is transforming the transportation industry as consumers embrace e-scooters and e-bikes for both recreational use and daily commuting. Microchip Technology (Nasdaq: MCHP) today announces the launch of its , a comprehensive suite of pre-validated reference designs that addresses key challenges in e-scooter and e-bike development, includi...
Microchip Technology Unveils 32-bit MCU Family with Integrated High-Performance Analog Peripherals PIC32A MCU family showcases industry-leading analog peripherals with 200 MHz CPU for cost-effective system-level solutions CHANDLER, Ariz., March 11, 2025 (GLOBE NEWSWIRE) -- To address the increasing demand for high-performance, math-intensive applications in a wide range of industries, Microchip Technology (Nasdaq: MCHP) has released the of MCUs. Enhancing the company’s already robust 32-bit MCU portfolio, PIC32A MCUs are designed to be cost-efficient, high-performance solutions for gen...
Microchip Technology Releases Versatile MPLAB® PICkit™ Basic Debugger Development tool offers powerful debugging at a more affordable price for professional engineers, students and hobbyists alike CHANDLER, Ariz., March 05, 2025 (GLOBE NEWSWIRE) -- To make its robust programming and debugging capabilities accessible to a wider range of engineers, Microchip Technology (Nasdaq: MCHP) has launched the in-circuit debugger to be a cost-effective, powerful solution for engineers at various levels. Unlike other complex and expensive debuggers, this budget-friendly device offers high-speed USB...
Microchip Technology to Present at the Raymond James 46ᵗʰ Annual Investors Conference CHANDLER, Ariz., March 03, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the Raymond James 46ᵗʰ Annual Investors Conference on Wednesday, March 5, 2025 at 9:50 a.m. (Eastern Time). Presenting for the Company will be Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer, and Mr. Sajid Daudi, Head of Investor Relations. A live webcast ...
Microchip Technology to Present at the Raymond James 46th Annual Investors Conference CHANDLER, Ariz., March 03, 2025 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the Raymond James 46th Annual Investors Conference on Wednesday, March 6, 2025 at 9:50 a.m. (Eastern Time). Presenting for the Company will be Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer, and Mr. Sajid Daudi, Head of Investor Relations. A live webcast of the presentat...
Introducing SAMA7D65 Microprocessors Available in System-in-Package and System-on-Chip with Advanced Graphics and Connectivity Features Microchip’s SAMA7D65 MPU runs 1 GHz Arm® Cortex®-A7 core and integrates MIPI DSI®, LVDS display interfaces and 2D GPU for Human-Machine Interface (HMI) applications CHANDLER, Ariz., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Embedded developers must address the challenge of designing systems that achieve a balance between compactness, energy efficiency and high performance. As applications grow more sophisticated with demands for advanced graphics and connectivi...
MPLAB® XC Unified Compiler Licenses Deliver Streamlined Software Management Unified solution allows Microchip Technology to provide flexible and cost-effective licensing options for its line of compilers CHANDLER, Ariz., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Offering an efficient way to manage multiple licenses, Microchip Technology (Nasdaq: MCHP) has launched for its MPLAB XC8, XC16, XC-DSC and XC32 C compilers. This unified approach addresses the financial strain and administrative burden of purchasing and managing separate software access models for each compiler. Microchip’s solution c...
Microchip Extends maXTouch® M1 Generation Family to Support Large, Curved and Shaped Automotive Displays ATMXT3072M1 and ATMXT2496M1 single-chip touchscreen controllers bring reliable and secure touch detection to automotive displays including emerging OLED and microLED technologies CHANDLER, Ariz., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Automakers are revolutionizing the driving experience with innovative smart cockpit designs that feature large displays and emerging technologies like Organic Light Emitting Diodes (OLEDs) and microLEDs, seamlessly blending functionality with brand identity....
Artificial Intelligence Meets Embedded Development with Microchip’s MPLAB® AI Coding Assistant AI-powered tool streamlines software development for greater efficiency and accuracy CHANDLER, Ariz., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) is leveraging the power of Artificial Intelligence (AI) to assist software developers and embedded engineers in writing and debugging code with the launch of its . A Microsoft® Visual Studio® Code (VS Code®) extension, the free tool is based on Continue—the market’s leading open-source AI code assistant—and comes preconfigur...
SPKX, EGO, ASTL, IEX, MOD, CARR, KMT, TTC, DOOO, BWA, WNC, THRM, FOXF, GNTX, AOS, RRX, ADI, TXN, AMD, PI, SYNA, SWKS, IPGP, POWI, MCHP, DIOD, ON, FORM, AMKR, COHU, ITRI, LDOS, TXT, OLED, VECO, HOG, DHI, LEN, SPB, PII, CNR, hort Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical pattern...
Microchip Technology Announces Quarterly Cash Dividend of 45.5 Cents per Share CHANDLER, Ariz., Feb. 06, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on March 7, 2025, to stockholders of record on February 24, 2025. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its divi...
Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2025 Net sales of $1.026 billion, down 11.8% sequentially and down 41.9% from the year ago quarter. Our updated guidance provided on December 2, 2024 was net sales of $1.025 billion.On a GAAP basis: gross profit of 54.7%; operating income of $30.9 million and 3.0% of net sales; net loss of $53.6 million; and loss of $0.10 per diluted share. Our guidance provided on November 5, 2024 was for GAAP earnings (loss) per share of $(0.04) to $0.03 per diluted share. On a Non-GAAP basis: gross profit of 55...
Microchip Technology Appoints Victor Peng to Its Board of Directors CHANDLER, Ariz., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Victor Peng, former President of Advanced Micro Devices, Inc. (AMD), will join the Board of Directors of Microchip effective February10, 2024. Regarding Mr. Peng’s appointment to the board, Microchip’s President and CEO, Steve Sanghi, said, “Victor most recently served as the President of AMD, a publicly held company that designs and man...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
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