Shares of Microchip Technology Inc. MCHP rallied 2.59% to $59.77 Friday, on what proved to be an all-around favorable trading ...

The layoffs will affect its Fab 4 facility in Gresham, Oregon; Fab 5 facility in Colorado Springs, Colorado; and its backend ...

Microchip filed a notice with the state of Arizona on March 3 announcing intent to lay off 330 people from the Tempe facility ...

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

Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers, sending its shares up nearly ...

Microchip will also cease operations at its Arizona chip fab in May, affecting around 500 employees. While the company had ...

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

March 05, 2025 (GLOBE NEWSWIRE) -- To make its robust programming and debugging capabilities accessible to a wider range of engineers, Microchip Technology (Nasdaq: MCHP) has launched the MPLAB ...

The stock's fall snapped a two-day winning streak.