MCHP - Microchip Technology Incorporated

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
87.17
+3.23 (+3.85%)
At close: 4:00PM EDT
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Previous Close83.94
Open85.75
Bid0.00 x 800
Ask0.00 x 900
Day's Range85.06 - 87.54
52 Week Range60.70 - 101.35
Volume2,484,617
Avg. Volume2,845,965
Market Cap20.74B
Beta (3Y Monthly)1.62
PE Ratio (TTM)61.39
EPS (TTM)1.42
Earnings DateAug 7, 2019 - Aug 12, 2019
Forward Dividend & Yield1.46 (1.68%)
Ex-Dividend Date2019-05-20
1y Target Est104.18
Trade prices are not sourced from all markets
  • Is Microchip Technology Incorporated's (NASDAQ:MCHP) 6.7% ROE Worse Than Average?
    Simply Wall St.18 hours ago

    Is Microchip Technology Incorporated's (NASDAQ:MCHP) 6.7% ROE Worse Than Average?

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

  • GlobeNewswire2 days ago

    Microchip Introduces First Clock Buffers to Meet DB2000Q/QL Standards plus PCIe Gen 4 and Gen 5 Low Jitter Specifications

    CHANDLER, Ariz., June 25, 2019 -- As data centers migrate to greater bandwidth and faster infrastructure, the need for higher performance timing devices becomes critical. Four.

  • Nvidia Stock Shows Life Ahead of a Key Second Half
    InvestorPlace6 days ago

    Nvidia Stock Shows Life Ahead of a Key Second Half

    Support has held for Nvidia (NASDAQ:NVDA) shares again. In late May, the Nvidia stock price dipped below $135. As was the case in November, late December, and late January, NVDA stock rebounded.Source: Nvidia There has been some outside help, admittedly. Progress on the trade war with China has boosted the entire chip sector. The tech-heavy NASDAQ Composite looks like it's targeting new all-time highs. But at least for now, the market seems to have a threshold where it decides the Nvidia stock price is just too cheap.The question now is whether that support can hold again, if tested. And that comes down to the chipmaker's performance in the second half of its fiscal 2020. That starts about six weeks from now. This is a second-half story, as I've written earlier this year and as NVDA management itself has insisted.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf management is right, the rally could keep going. I remain skeptical, given long-term risks. Plus, the short-term news of late looks mixed. NVDA Stock and the Second HalfTo be sure, it's widely known that NVDA relies on a second-half recovery. Management made that case after fiscal-fourth-quarter results. They even took the unusual step of offering full-year guidance to highlight the dichotomy between the first and second half. * 6 Stocks Ready to Bounce on a Trade Deal So far, Nvidia continues to sing the same tune. CFO Colette Kress reiterated on Q1's conference call in mid-May that "we expect a stronger second half than the first." Last week, at an investment conference, she said much the same regarding data-center demand.There are two factors at play here. First-half results last year, in the company's fiscal 2019, were enormously impressive. In retrospect, those results were driven by demand for cryptocurrency mining. In the first half of this year, Nvidia faces very difficult comparisons. It's also suffering from what the company itself has called a "crypto hangover." At the same time, data-center demand has slowed, as key customers paused spending.In the second half, however, the situation reverses. Comparisons get easier, particularly in Q4. And data-center growth -- as Kress said last week -- should return. And so the Street at least sees revenue declining 18% in Q2 and 6% in Q3 before a sharp rebound (+47%) in Q4 sets up 20% growth in fiscal 2021. The Importance of the RecoveryThe question now is whether that recovery is on the way. And it's not just a matter of NVDA earnings rebounding a quarter or two early -- or a quarter or two late.First, management's credibility is at stake. Last year, Nvidia clearly misjudged cryptocurrency demand both financially and operationally. The company didn't see the drop-off in sales coming. Unfortunately, it overproduced GPUs, leading to an inventory glut in the first half of this year. Another broken promise will make Nvidia a "show me" story for some time to come.Secondly, data-center demand in particular must come back quickly. That's an area where investors see years of double-digit growth ahead. A longer slowdown will raise fears that demand issues aren't short-term, but rather a sign that investors (and management) simply overestimated the market opportunity.And third, Nvidia has an opportunity to take share from Intel (NASDAQ:INTC) in that market. Intel is dealing with shortages and a number of other unforced errors. Its leadership team seems more cautious about second-half demand. If Nvidia sees a recovery and Intel doesn't, that's a sign that Intel's dominance in that market is eroding further. That leaves NVDA and Advanced Micro Devices (NASDAQ:AMD) likely picking up share. But Is It en Route?Is that recovery on the way? We'll see. CFO Kress' sentiment toward data center, and similar comments from another Nvidia executive regarding AI a week before, unquestionably are good news. We don't know exactly how clear is Nvidia's visibility into Q3 and Q4. However, the company hasn't backed off its forecast yet.On the other hand, chip giant Broadcom (NASDAQ:AVGO) sounded much more cautious after its fiscal Q2 report last week. The day before, Evercore (NYSE:EVR) pushed its forecast for a recovery well into 2020. As MarketWatch noted after Nvidia earnings last month, Microchip Technology (NASDAQ:MCHP) CEO Steve Sanghi "lightly walked back" his call of a bottom in chips.To be sure, Nvidia doesn't necessarily play in the same markets as those other chipmakers. It's possible NVDA could follow the bullish trajectory while the rest of the space stays stuck near the bottom of the cycle. Still, after the debacle last year, it's wise to take Nvidia management's projections with a grain of salt.With Nvidia stock still off the lows, there is a case to stay patient. After all, the recovery can come in Q4 FY2020 or Q3 FY2021. NVDA still isn't that expensive on an earnings basis, though it's not cheap by chip standards. The long-term growth drivers -- data center, artificial intelligence, autonomous driving -- are mostly in place.But AMD is rising as a real competitor. I personally still see self-driving cars as a long way off. And investor patience is likely going to wane if NVDA is overpromising again. Nvidia stock has bounced off support several times. It won't be able to do so forever.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Blue-Chip Stocks to Buy for a Noisy Market * 5 Strong Buy Biotech Stocks for the Second Half * 6 Stocks Ready to Bounce on a Trade Deal Compare Brokers The post Nvidia Stock Shows Life Ahead of a Key Second Half appeared first on InvestorPlace.

  • GlobeNewswire7 days ago

    Fast Data Rates Meet High Accuracy in Microchip’s New Analog-to-Digital Converter Families

    CHANDLER, Ariz., June 20, 2019 -- The rapidly growing market of high precision applications requires Analog-to-Digital Converters (ADCs) with faster programmable data rates,.

  • Microchip Gives Its Most Precise Atomic Clock a Performance Upgrade
    PR Newswire9 days ago

    Microchip Gives Its Most Precise Atomic Clock a Performance Upgrade

    MHM-2020 introduces security and a modern touch panel display to the world's most deployed fleet of active hydrogen maser atomic clocks CHANDLER, Ariz. , June 18, 2019 /PRNewswire/ -- The world depends ...

  • Single-Port USB Smart Hub ICs Optimize System Costs for Automotive Manufacturers
    PR Newswire9 days ago

    Single-Port USB Smart Hub ICs Optimize System Costs for Automotive Manufacturers

    Microchip extends its automotive USB 2.0 Hi-Speed family with new one-port devices BANGKOK , June 18, 2019 /PRNewswire/ -- As demand for in-vehicle entertainment and smartphone applications continues to ...

  • Hedge Funds Have Never Been More Bullish On Microchip Technology Incorporated (MCHP)
    Insider Monkey13 days ago

    Hedge Funds Have Never Been More Bullish On Microchip Technology Incorporated (MCHP)

    Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 750 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […]

  • Microchip Enables China to Deploy World's First Bandwidth-on-Demand Services Powered by Optical Transport Network (OTN)
    PR Newswire15 days ago

    Microchip Enables China to Deploy World's First Bandwidth-on-Demand Services Powered by Optical Transport Network (OTN)

    BEIJING, June 12, 2019 /PRNewswire/ -- Carriers in China have been aggressively deploying 100G-capable OTN switching networks over the last few years, and now its largest carrier is poised to launch a new network to support government/enterprise leased-line services that will leverage the international standard for dynamically adjusting OTN connection bandwidth. As the only commercial silicon and software supplier supporting the Hitless Adjustment of ODUflex (HAO) specifications, Microchip Technology Inc. (MCHP), via its Microsemi subsidiary, provided a benchmark solution based on its DIGI OTN processor family that was key in enabling China Mobile to complete multi-vendor interoperability tests.

  • Markit16 days ago

    See what the IHS Markit Score report has to say about Microchip Technology Inc.

    Microchip Technology Inc NASDAQ/NGS:MCHPView full report here! Summary * Bearish sentiment is high Bearish sentimentShort interest | NegativeShort interest is extremely high for MCHP with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting MCHP. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold MCHP had net inflows of $1.66 billion over the last one-month. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • GlobeNewswire17 days ago

    Microchip Technology to Present at the Stifel 2019 Cross Sector Insight Conference

    Microchip Technology Incorporated, a leading semiconductor supplier of smart, connected and secure embedded control solutions, announced today that the Company will present at the Stifel 2019 Cross Sector Insight Conference on Tuesday, June 11, 2019, at 10:20 a.m. (Eastern Time).  Presenting for the Company will be Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer.  A live webcast of the presentation will be made available by Stifel, and can be accessed on the Microchip website at www.microchip.com.  In conjunction with this conference, Microchip will be posting a short presentation to its website at www.microchip.com/investors in the Supplemental Financial Information section.

  • Would Microchip Technology Incorporated (NASDAQ:MCHP) Be Valuable To Income Investors?
    Simply Wall St.21 days ago

    Would Microchip Technology Incorporated (NASDAQ:MCHP) Be Valuable To Income Investors?

    Today we'll take a closer look at Microchip Technology Incorporated (NASDAQ:MCHP) from a dividend investor's...

  • Why Is Microchip Tech (MCHP) Down 10.1% Since Last Earnings Report?
    Zacks21 days ago

    Why Is Microchip Tech (MCHP) Down 10.1% Since Last Earnings Report?

    Microchip Tech (MCHP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • GlobeNewswire24 days ago

    Microchip Technology to Present at The Needham 3rd Annual Automotive Technology Day

    CHANDLER, Ariz., June 03, 2019 -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading semiconductor supplier of smart, connected and secure embedded control solutions,.

  • GlobeNewswire24 days ago

    Microchip Technology to Present at the Bank of America Merrill Lynch 2019 Global Technology Conference

    CHANDLER, Ariz., June 03, 2019 -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading semiconductor supplier of smart, connected and secure embedded control solutions,.

  • GuruFocus.com28 days ago

    Microchip Technology Inc (MCHP) Files 10-K for the Fiscal Year Ended on March 31, 2019

    Microchip Technology Inc develops, manufactures and sells semiconductor products used for a range of embedded control applications. The dividend yield of Microchip Technology Inc stocks is 1.80%. Microchip Technology Inc had annual average EBITDA growth of 8.60% over the past ten years.

  • Industry's First Terabit-Scale Ethernet PHY Enables Highest-Density 400 GbE and FlexE Connectivity
    PR Newswire29 days ago

    Industry's First Terabit-Scale Ethernet PHY Enables Highest-Density 400 GbE and FlexE Connectivity

    META-DX1 uniquely combines 100 GbE, 400 GbE, FlexE, nanosecond timestamping accuracy and MACsec security engine in a single chip with terabit capacity CHANDLER, Ariz. , May 29, 2019 /PRNewswire/ -- As ...

  • Preserve Legacy Low Pin Count (LPC) Investments with the Industry's First Commercial eSPI to LPC Bridge
    PR Newswire29 days ago

    Preserve Legacy Low Pin Count (LPC) Investments with the Industry's First Commercial eSPI to LPC Bridge

    Device allows industrial computing developers to integrate the eSPI standard in existing equipment, minimizing development costs and extending product lifecycles BANGKOK , May 29, 2019 /PRNewswire/ -- ...

  • GlobeNewswire29 days ago

    Preserve Legacy Low Pin Count (LPC) Investments with the Industry’s First Commercial eSPI to LPC Bridge

    CHANDLER, Ariz., May 28, 2019 -- As the industrial computing industry transitions from Low Pin Count (LPC) to enhanced Serial Peripheral Interface (eSPI) bus technology,.

  • Joel Greenblatt's 5 Largest Buys of the 1st Quarter
    GuruFocus.comlast month

    Joel Greenblatt's 5 Largest Buys of the 1st Quarter

    Stock market 'genius' earned 40% returns over one two-decade streak

  • Semiconductor Stocks To Buy And Watch After Q1 Earnings Season
    Investor's Business Dailylast month

    Semiconductor Stocks To Buy And Watch After Q1 Earnings Season

    Finding top semiconductor stocks to buy involves understanding the health of markets that purchase chips for their products. Chip stocks have fallen after first-quarter earnings reports.

  • Create Cost-effective Smart Lighting Systems with Eight-port Switch that Supports New IEEE 802.3bt Power over Ethernet (PoE) Standard
    PR Newswirelast month

    Create Cost-effective Smart Lighting Systems with Eight-port Switch that Supports New IEEE 802.3bt Power over Ethernet (PoE) Standard

    480-watt fanless switch is compatible with all PoE lighting, providing maximum power for enterprise connected lighting applications CHANDLER, Ariz. , May 21, 2019 /PRNewswire/ -- The adoption of commercial ...

  • Thomson Reuters StreetEventslast month

    Edited Transcript of MCHP earnings conference call or presentation 8-May-19 12:30pm GMT

    Q4 2019 Microchip Technology Inc Earnings Call

  • GlobeNewswirelast month

    Gentex Purchases Microchip’s 25 Billionth MCU, Advancing its HomeLink Interface

    CHANDLER, Ariz., May 16, 2019 -- Microcontroller units (MCUs) continue to bring functional flexibility to ever-changing application requirements, and today’s top suppliers.

  • MARKETS: Break out the chip stocks—AMAT leading, NVDA sinking ahead of earnings
    Yahoo Finance Videolast month

    MARKETS: Break out the chip stocks—AMAT leading, NVDA sinking ahead of earnings

    Semiconductors are lagging the Nasdaq Composite today, but still solidly in the green. Yahoo Finance's Jared Blikre joins Myles Udland to break down the action in the chipmaker space, as President Trump partially walks back a tougher trade stance.