Microchip Technology is undergoing significant restructuring in response to a downturn in the automotive chip market. The ...

The company will also be shutting down operations at its Arizona chip manufacturing facilities in May, several months earlier ...

Taiwan government will assist TSMC with its future investments in the United States while ensuring that the most advanced semiconductor technology will stay at home, the presidential office said in a ...

Microchip Technology will lay off 2,000 workers, including at its facilities in Gresham, Colorado and the Philippines, it ...

On the same day TSMC said it would spend billions and hire thousands more in Arizona, another computer chip company is ...

Microchip Technology is reducing its workforce across manufacturing and corporate operations by about 2,000 as the embattled ...

Microchip said Monday the 2,000 layoffs will save $80 million to $90 million on an annual basis. In addition to Oregon and ...

In a report released yesterday, Vijay Rakesh from Mizuho Securities reiterated a Buy rating on Microchip (MCHP – Research Report), with a price ...

Microchip Technology Inc. closed 42.38% short of its 52-week high of $100.57, which the company achieved on May 24th.

Microchip Technology plans restructuring to streamline operations and reduce costs. The company will cut 2,000 jobs, incurring $30-$40 million in restructuring expenses.

MICROCHIP Technology said on Monday (Mar 3) it will cut around 2,000 jobs, or about 9 per cent of its workforce, as the ...

Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company's Securities and Exchange Commission filings. Copies of ...