MCHP - Microchip Technology Incorporated

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
96.84
+1.10 (+1.15%)
At close: 4:00PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close95.74
Open96.25
Bid0.00 x 800
Ask0.00 x 1200
Day's Range95.93 - 98.20
52 Week Range53.15 - 112.47
Volume3,507,140
Avg. Volume4,405,620
Market Cap23.758B
Beta (5Y Monthly)1.60
PE Ratio (TTM)43.43
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.47 (1.54%)
Ex-Dividend DateMay 20, 2020
1y Target EstN/A
All
News
Press Releases
  • GlobeNewswire

    Microchip Technology Updates Financial Guidance for First Quarter Fiscal 2021

    CHANDLER, Ariz., June 02, 2020 (GLOBE NEWSWIRE) -- (MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today updated the range of its prior guidance for net sales and GAAP and non-GAAP earnings per share for its fiscal first quarter of 2021 ending June 30, 2020. Microchip previously provided guidance on May 7, 2020 for consolidated net sales to be $1.194 billion to $1.3 billion or down between 2% and 10% sequentially, with a midpoint of down 6%. GAAP earnings per share is now expected to be between $0.25 and $0.39 and non-GAAP earnings per share is expected to be between $1.35 and $1.53.

  • GlobeNewswire

    Microchip Technology to Present at the 4th Annual Needham Virtual Automotive Tech Conference

    CHANDLER, Ariz., June 02, 2020 -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced.

  • GlobeNewswire

    Microchip Technology to Present at the B of A Securities 2020 Global Technology Virtual Conference

    CHANDLER, Ariz., June 02, 2020 -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced.

  • Microchip Switchtec(TM) PAX Advanced Fabric Gen 4 PCIe Switches Released to Production
    PR Newswire

    Microchip Switchtec(TM) PAX Advanced Fabric Gen 4 PCIe Switches Released to Production

    To support cloud, data center and hyperscale computing that facilitates advancements in Artificial Intelligence (AI) and Machine Learning (ML), Microchip Technology Inc. (Nasdaq: MCHP) today released to production its Switchtec™ PAX Advanced Fabric Gen 4 PCIe switch family, enabling complex fabric topologies with greater scalability, lower latency, and higher performance than traditional Peripheral Component Interconnect Express (PCIe) switches.

  • GlobeNewswire

    Microchip Technology Announces Pricing of Senior Secured Notes and Senior Notes

    The Senior Secured Notes will bear interest at an annual rate of 2.670 percent and the Senior Notes will bear interest at annual rate of 4.250 percent. Any remaining net proceeds from the offering of the Notes will be used for general corporate purposes, which may include the repayment of a portion of the amounts outstanding under Microchip’s revolving credit facility.

  • GlobeNewswire

    Microchip Technology Announces Offerings of Senior Secured Notes and Senior Notes

    CHANDLER, Ariz., May 26, 2020 -- Microchip Technology Incorporated (NASDAQ: MCHP) (“Microchip,” “we” or “our”) announced today that it has commenced offerings of $1.0 billion.

  • Microchip Reveals Software Development Kit and Neural Network IP for Easily Creating Low-Power FPGA Smart Embedded Vision Solutions
    PR Newswire

    Microchip Reveals Software Development Kit and Neural Network IP for Easily Creating Low-Power FPGA Smart Embedded Vision Solutions

    With the rise of Artificial Intelligence (AI), Machine Learning (ML) and the Internet of Things (IoT), applications are moving to the network edge where data is collected, requiring power-efficient solutions to deliver more computational performance in ever smaller, thermally constrained form factors. Through its Smart Embedded Vision initiative, Microchip Technology Inc. (Nasdaq: MCHP) is meeting the growing need for power-efficient inferencing in edge applications by making it easier for software developers to implement their algorithms in PolarFire® field-programmable gate arrays (FPGAs). As a significant addition to the solutions portfolio in this segment, Microchip's VectorBlox Accelerator Software Development Kit (SDK) helps developers take advantage of Microchip's PolarFire FPGAs for creating low-power, flexible overlay-based neural network applications without learning an FPGA tool flow.

  • GlobeNewswire

    Microchip Technology to Present at the 48th Annual J.P. Morgan Global Technology, Media and Communications Conference

    CHANDLER, Ariz., May 11, 2020 -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced.

  • GlobeNewswire

    Microchip Technology Declares Quarterly Cash Dividend Of 36.75 Cents Per Share

    CHANDLER, Ariz., May 07, 2020 (GLOBE NEWSWIRE) -- (MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that its Board of Directors has declared a quarterly cash dividend on its common stock of 36.75 cents per share. The dividend is payable on June 4, 2020 to stockholders of record on May 21, 2020. “Microchip’s financial performance in the March 2020 quarter was very good with the backdrop of a very uncertain economic environment,” said Steve Sanghi, Chief Executive Officer.

  • GlobeNewswire

    Microchip Technology Announces Financial Results for Fourth Quarter and Fiscal Year 2020

    For the quarter ended March 31, 2020 Net sales of $1.326 billion, up 3.0% sequentially and down 0.3% from the year ago quarter.  Our updated guidance provided on.

  • PR Newswire

    New Functional Safety Ready AVR(R)-DA Microcontroller Family Enables Real-Time Control, Connectivity and HMI Applications

    As the Internet of Things (IoT) delivers greater connectivity for industrial and home applications and as connected vehicles enhance cabin and operational features, higher-performance microcontrollers are required for better real-time control as well as to enable enhanced human machine interface applications. Microchip Technology Inc. (Nasdaq: MCHP) today announced its next generation AVR®-DA family of microcontrollers (MCUs) - its first Functional Safety Ready AVR MCU family with Peripheral Touch Controller (PTC).

  • ACCESSWIRE

    Kaskela Law LLC Announces Stockholder Investigation of Microchip Technology Inc. (MCHP) and Encourages Long-Term Investors to Contact the Firm

    PHILADELPHIA, PA / ACCESSWIRE / April 18, 2020 / Kaskela Law LLC is investigating Microchip Technology Inc. ("Microchip Technology" or the "Company") (NASDAQ:MCHP) on behalf of the ...

  • MICROCHIP TECHNOLOGY INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Microchip Technology Incorporated - MCHP
    Business Wire

    MICROCHIP TECHNOLOGY INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Microchip Technology Incorporated - MCHP

    Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Microchip Technology Incorporated (NasdaqGS: MCHP).

  • GlobeNewswire

    MICROCHIP TECHNOLOGY PROVIDES UPDATE ON MARCH 2020 QUARTER NET SALES AND THE BUSINESS ENVIRONMENT

    CHANDLER, Ariz., April 08, 2020 (GLOBE NEWSWIRE) -- (MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today provided an update on its expected March 2020 quarter net sales and the current business environment. Microchip announced that its net sales for the quarter ending March 31, 2020 is expected to be up about 3% sequentially versus its revised guidance provided on March 2, 2020 of about flat sequentially. Microchip also announced that it received record bookings for the March 2020 quarter and that its backlog for the June 2020 quarter is up about 9% from the March 2020 quarter backlog at the same point in time.

  • Kaskela Law LLC Announces Stockholder Investigation of Microchip Technology Inc. (MCHP) and Encourages Current Stockholders to Contact the Firm
    Business Wire

    Kaskela Law LLC Announces Stockholder Investigation of Microchip Technology Inc. (MCHP) and Encourages Current Stockholders to Contact the Firm

    Kaskela Law LLC is investigating Microchip Technology Inc. ("Microchip Technology" or the "Company") (Nasdaq: MCHP) on behalf of the Company’s stockholders.

  • SHAREHOLDER ALERT: Schubert Firm Investigating Possible Breaches of Fiduciary Duty by Microchip Technology Inc. Officers and Directors
    PR Newswire

    SHAREHOLDER ALERT: Schubert Firm Investigating Possible Breaches of Fiduciary Duty by Microchip Technology Inc. Officers and Directors

    Schubert Jonckheer & Kolbe LLP is investigating potential shareholder derivative claims on behalf of stockholders of Microchip Technology Inc. (NASDAQ: MCHP) ("Microchip") related to the company's statements to shareholders and the market concerning its 2018 merger with Microsemi Corporation ("Microsemi").

  • GlobeNewswire

    MICROCHIP TECHNOLOGY INCORPORATED ANNOUNCES NOTE EXCHANGES

    Pursuant to the Exchange Transactions, Microchip has agreed to exchange $615.0 million in aggregate principal amount of the Notes and accrued and unpaid interest thereon for cash and shares of Microchip’s common stock, par value $0.001 per share (the “Common Stock”). Upon the closing of the Exchange Transactions, Microchip estimates that it will pay an aggregate of approximately $615.0 million in cash plus accrued interest and issue approximately 3.1 million shares of Common Stock for the Notes.

  • Protect Against Rootkit and Bootkit Malware in Systems that Boot from External SPI Flash Memory
    PR Newswire

    Protect Against Rootkit and Bootkit Malware in Systems that Boot from External SPI Flash Memory

    With the rapid growth of 5G including new cellular infrastructure, growing networks and data centers supporting expanding cloud computing, developers are seeking new ways to ensure operating systems remain secure and uncompromised. Microchip Technology Inc. (Nasdaq: MCHP) today announced a new cryptography-enabled microcontroller (MCU), the CEC1712 MCU with Soteria-G2 custom firmware -- designed to stop malicious malware such as rootkit and bootkit for systems that boot from external Serial Peripheral Interface (SPI) flash memory.

  • PR Newswire

    Microchip Expands Silicon Carbide (SiC) Family of Power Electronics to Provide System Level Improvements in Efficiency, Size and Reliability

    Demand continues to rapidly grow for Silicon Carbide (SiC)-based systems to maximize efficiency and reduce size and weight, allowing engineers to create innovative power solutions. Applications leveraging SiC technology range from electric vehicles and charging stations to smart power grids and industrial and aircraft power systems. Microchip Technology Inc. (Nasdaq: MCHP) today announced its expanded portfolio of smaller, lighter and more efficient SiC power modules. Together with its broad portfolio of microcontrollers (MCUs) and analog products, Microchip serves the needs of high power system control, drive and power stage -- supporting customers with total system solutions.

  • Microchip (MCHP) Alert: Johnson Fistel Announces Shareholder Class Action Against Microchip Technology Survives Motion to Dismiss; Should Management be Held Accountable for Investors Losses?
    PR Newswire

    Microchip (MCHP) Alert: Johnson Fistel Announces Shareholder Class Action Against Microchip Technology Survives Motion to Dismiss; Should Management be Held Accountable for Investors Losses?

    Johnson Fistel, LLP is investigating potential claims on behalf of Microchip Technology Incorporated (NASDAQ: MCHP) ("Microchip" or the "Company") against certain of its officers and directors. Specifically, a class action lawsuit pending in the United States District Court for the District of Arizona against Microchip and certain of its current and former officers recently survived, in part, certain defendants' attempts to have the case dismissed.

  • Enabling Cloud Connectivity to All MCUs and MPUs, Microchip Launches a Range of Embedded IoT Solutions for Rapid Prototyping
    PR Newswire

    Enabling Cloud Connectivity to All MCUs and MPUs, Microchip Launches a Range of Embedded IoT Solutions for Rapid Prototyping

    Due to the fragmented nature of the Internet of Things (IoT) marketplace, increasing project complexity and costs, today's developers face more challenges in design decisions than ever before. These challenges lead to extended development times, increased security threats and failed solutions. Continuing to execute upon its core strategy of delivering smart, connected and secure systems, Microchip Technology Inc. (Nasdaq: MCHP) today announced its cloud agnostic, turnkey, full-stack embedded development solutions. From the smallest PIC® and AVR® microcontrollers (MCUs) for sensors and actuator devices, to the most sophisticated 32-bit MCU and microprocessor (MPU) gateway solutions for edge computing, the company is now making it possible for developers to connect to any major core and any major cloud, using Wi-Fi®, Bluetooth® or narrow band 5G technologies – all while maintaining a strong security foundation through the support of its Trust Platform for the CryptoAuthentication™ family.

  • GlobeNewswire

    Microchip Technology Provides Business Update for Fourth Quarter Fiscal 2020

    As Microchip closely monitors the impact of the COVID-19 virus, our top priority remains the health and safety of our employees and their families. On February 4, 2020, as part of our fourth quarter fiscal 2020 earnings call, we issued quarterly net sales guidance of up 2% to 9% sequentially, which was a wider than usual range, to reflect uncertainty related to the public health situation in China.

  • GlobeNewswire

    Microchip Technology to Provide Business Update on Fourth Quarter Fiscal 2020 on March 2, 2020

    CHANDLER, Ariz., Feb. 28, 2020 (GLOBE NEWSWIRE) -- (MCHP) -- Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that it will provide a business update on its March 2020 quarter on Monday, March 2, 2020 after market close. Additionally, the company announced that it will not be attending any investor conferences for the remainder of the quarter, due to company travel restrictions associated with the Coronavirus. “The safety of our employees worldwide continues to remain paramount and we have taken precautionary steps to help ensure the health and safety of our employees and to control the impact on Microchip’s operations,” said Steve Sanghi, Microchip’s CEO.

  • New PIC(R) MCU Family Moves Software Tasks to Hardware for Faster System Response
    PR Newswire

    New PIC(R) MCU Family Moves Software Tasks to Hardware for Faster System Response

    In microcontroller (MCU) based system design, software is often the bottleneck for both time to market and system performance. By offloading many software tasks to hardware, Microchip Technology Inc.'s (Nasdaq: MCHP) next generation PIC18-Q43 family helps developers bring higher performing solutions to market faster.

  • GlobeNewswire

    Microchip Technology to Present at the Goldman Sachs Technology and Internet Conference

    CHANDLER, Ariz., Feb. 11, 2020 -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced.