Yahoo Finance • 2 months ago

Mizuho cuts price targets for auto chip stocks on softer trends

Investing.com -- Mizuho Securities has adjusted its outlook for auto chip stocks, cutting price targets for key players amid signs of weaker-than-expected demand in both the auto and industrial sectors. The investment bank highlights a we... Full story

Yahoo Finance • 2 months ago

Microchip Technology Incorporated (MCHP) Fell Due to Challenging Short-Term Outlook

Aristotle Capital Management, LLC, an investment management company, released its “Value Equity Strategy” third quarter 2024 investor letter. A copy of the letter can be downloaded here. The U.S. share market reached record highs in the qu... Full story

Yahoo Finance • 2 months ago

Microchip Technology Incorporated (MCHP) Unveils LAN969x Multi-Gigabit Ethernet Switches and VelocityDRIVE Software Platform, Pioneering Cost-Effective Solutions for OEMs

We recently compiled a list of the 35 Trending AI Stocks on Latest News and Analyst Ratings.In this article, we are going to take a look at where Microchip Technology Incorporated (NASDAQ:MCHP) stands against the other trending AI stocks.... Full story

Yahoo Finance • 2 months ago

JPMorgan Chase & Co's Strategic Acquisition in Microchip Technology Inc

Overview of the Recent Transaction On September 30, 2024, JPMorgan Chase & Co. made a significant addition to its investment portfolio by acquiring 10,526,771 shares of Microchip Technology Inc. (NASDAQ:MCHP). This transaction increased t... Full story

Yahoo Finance • 3 months ago

Analog Devices is Citi's new top semiconductor pick

Investing.com -- In a research note released on Tuesday, Citi analysts named Analog Devices (NASDAQ:ADI) as their new top pick in the semiconductor sector. The move comes after the firm's update of its semiconductor stock ranking table, f... Full story

Yahoo Finance • 4 months ago

Microchip Technology to Present at the Citi 2024 Global TMT Conference

Microchip Technology Inc. CHANDLER, Ariz., Sept. 03, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Compa... Full story

Yahoo Finance • 4 months ago

Is Microchip Technology Incorporated (NASDAQ:MCHP) Trading At A 31% Discount?

Key Insights The projected fair value for Microchip Technology is US$116 based on 2 Stage Free Cash Flow to Equity Current share price of US$79.40 suggests Microchip Technology is potentially 31% undervalued Analyst price target for MCHP... Full story

Yahoo Finance • 4 months ago

Microchip Technology flags 'potentially suspicious' network activity; shares fall

Investing.com -- Microchip Technology said Tuesday it detected potentially unauthorized activity on its network systems that had disrupted operations at certain of its facilities. Microchip Technology Inc (NASDAQ:MCHP) fell 3% in afterhou... Full story

Yahoo Finance • 4 months ago

Microchip Technology Says a Cyber Breach Has Slowed Operations

(Bloomberg) -- Microchip Technology Inc. said that its servers were breached by “an unauthorized party,” forcing the chipmaker to shut down some of its systems and scale back operations. Most Read from Bloomberg ‘Train Lovers’ Organize t... Full story

Yahoo Finance • 4 months ago

What Makes Microchip Technology Incorporated (MCHP) an Investment Bet?

Invesco Distributors, Inc., an investment management firm, released its “Invesco Growth and Income Fund” second quarter 2024 investor letter. A copy of the letter can be downloaded here. AI-related stocks kept rising and propelled many equ... Full story

Yahoo Finance • 4 months ago

Microchip Technology Incorporated (MCHP): Why Are Hedge Funds Bullish On This Cheap Robotics Stock Right Now?

We recently compiled a list of the 10 Cheap Robotics Stocks To Buy.In this article, we are going to take a look at where Microchip Technology Incorporated (NASDAQ:MCHP) stands against the other cheap robotic stocks. The progress of Wester... Full story

Yahoo Finance • 4 months ago

Microchip Technology Incorporated (MCHP): Why Are Street Analysts Bullish on This Data Center Stock Now?

We recently compiled a list of the 15 Best Data Center Stocks To Buy According to Jefferies, Citi and Wall Street Analysts.In this article, we are going to take a look at where Microchip Technology Incorporated (NASDAQ:MCHP) stands against... Full story

Yahoo Finance • 5 months ago

Magnificent 7 Lose Over $300B As Volatility Index Surges, Traders Question Fed's Timing: What's Driving Markets Friday?

Magnificent 7 Lose Over $300B As Volatility Index Surges, Traders Question Fed's Timing: What's Driving Markets Friday? Wall Street is experiencing a sharp decline on the last trading day of the week, with all indices in the red at noon i... Full story

Yahoo Finance • 5 months ago

What's Going On With Nvidia, AMD And Semiconductor Peer Stocks On Wednesday?

What's Going On With Nvidia, AMD And Semiconductor Peer Stocks On Wednesday? Chip stocks led by Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD) are trading lower Wednesday as the U.S. intensified semiconductor sanct... Full story

Yahoo Finance • 6 months ago

Recent Dividend Hikes By QUALCOMM, Analog Devices And Microchip Technology

Recent Dividend Hikes By QUALCOMM, Analog Devices And Microchip Technology Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. For investors seeking a blend of growth and reliable income,... Full story

Yahoo Finance • 6 months ago

Early Access to MPLAB® Extensions for VS Code® Provides Designers with the Ability to Utilize Microchip’s Development Tools Inside of the Popular IDE

Microchip Technology Inc. Extensions are the company’s first steps in a longer-term plan to expand its portfolio and better serve developers working within the VS Code ecosystem CHANDLER, Ariz., June 25, 2024 (GLOBE NEWSWIRE) -- Leveragi... Full story

Yahoo Finance • 6 months ago

Investors Will Want Microchip Technology's (NASDAQ:MCHP) Growth In ROCE To Persist

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of... Full story

Yahoo Finance • 6 months ago

Microchip Makes it Easier to Design an On-Board Charger Solution

Microchip Technology Inc. Designers can speed time to market for their on-board charger application with key technologies from one supplier, including the control, gate drive and power stage CHANDLER, Ariz., June 10, 2024 (GLOBE NEWSWIRE... Full story

Yahoo Finance • 7 months ago

Possible Bearish Signals With Microchip Technology Insiders Disposing Stock

Many Microchip Technology Incorporated (NASDAQ:MCHP) insiders ditched their stock over the past year, which may be of interest to the company's shareholders. Knowing whether insiders are buying is usually more helpful when evaluating insid... Full story

Yahoo Finance • 7 months ago

Microchip Technology to Present at the Goldman Sachs Global Semiconductor Conference

Microchip Technology Inc. CHANDLER, Ariz., May 29, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company... Full story