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Microchip, Arizona
Microchip to close Arizona facility amid cost concerns
Microchip Technology Inc. said Monday it intends to shut down its Tempe computer chip factory as it tries to curtail costs amid an anticipated slowdown in sales.
Microchip Says It Will Shut Arizona Plant, Updates Outlook
Microchip Technology Inc., a maker of chips for cars, consumer devices and other products, said it would close a plant in Tempe, Arizona, affecting about 500 employees.
Microchip to close Arizona fab amid revenue slowdown
Microchip Technology announced plans to shut down its Fab 2 facility in Tempe, Arizona, as part of a broader restructuring effort amid declining revenue and persistent inventory challenges. The closure,
18h
on MSN
Microchip Pauses Chips Act Application Amid Inventory Woes
Microchip Technology Inc. is pausing its application for US semiconductor subsidies, making it the first known company to ...
Milwaukee Journal Sentinel
6h
Semiconductor maker plans 'top-to-bottom' review after Tempe factory closure
Steve Sanghi, the longtime former head of Chandler-based
Microchip
Technology who last month resumed the same position, ...
1d
on MSN
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected ...
1d
Microchip Technology to close Tempe plant in cost-saving move that will affect 500 workers
Microchip Technology plans to close a Tempe manufacturing plant and transfer production to factories in other states, ...
6h
Microchip price target lowered to $87 from $90 at Stifel
Stifel lowered the firm’s price target on Microchip (MCHP) to $87 from $90 and keeps a Buy rating on the shares after the ...
KJZZ
22h
Microchip to close Tempe plant, impacting 500 employees
Microchip Technology will close its semiconductor factory in Tempe in 2025, affecting about 500 workers. By shutting the ...
10h
Biden sanctions Chinese tech company with links to £1bn British microchip champion
President Joe Biden has blacklisted a Beijing technology investor with ties to one of Britain’s biggest microchip businesses.
1d
Microchip’s Long-Term Potential Outweighs Short-Term Challenges: Buy Rating Affirmed
Needham analyst Quinn Bolton has maintained their bullish stance on MCHP stock, giving a Buy rating today.Don't Miss our Black Friday ...
22h
Why Microchip Technology (MCHP) Shares Are Trading Lower Today
Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 10.3% in the morning session after the company provided ...
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