CHANDLER, Ariz., May 02, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Rick Cassidy, Senior Vice President of Corporate Strategy Development at Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) and Chairman of TSMC Arizona, will join the Board of Directors of Microchip effective May 2, 2025. Regarding Mr. Cassidy’s appointment to the board, Microchip’s President and CEO, Steve S ...

Microchip Technology (MCHP) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May ...

Core Insights - The rapid growth of artificial intelligence (AI) is driving unprecedented demand for high-performance, secure, and innovative solutions in data centers [1] - Microchip Technology is developing advanced technologies to address evolving market needs in data center connectivity, storage, and data retrieval [1] Product Portfolio - Microchip's portfolio includes high-speed interconnect and storage technologies such as Gen 3, Gen 4, and Gen 5 PCIe switches, with Gen 6 and Gen 7 technologies in development [2] - The company offers Non-Volatile Memory Express (NVMe), storage and RAID controllers with hardware-based security for enhanced data protection [2] - Connectivity solutions include retimers and Ethernet PHYs to optimize interconnect functionality, along with power management and system monitoring solutions designed for energy-efficient operations [2] New Solutions - Introduction of the 800G Active Electrical Cable (AEC) Reference Design, featuring the META-DX2C 800G retimer with 112G SerDes, aimed at reducing development time and cost for generative AI networks [3][7] - The Lambda Splitting technique in the design significantly reduces costs and boosts bandwidth efficiency by up to 50% [7] - The LAN9646 6-Port Gigabit Ethernet (GbE) Switch supports multiple interface options and is designed for various networking applications, providing full VLAN and Quality of Service (QoS) support [7] Power Management - The MCPF1412 high-density power module delivers up to 12A of current within a voltage range of 0.6V to 1.8V, optimized for space-constrained applications [7] - dsPIC33A Digital Signal Controllers (DSCs) enhance energy efficiency and reliability in data centers and AI servers, with features for power factor correction and synchronous rectification [13] Security Features - Microchip's data center solutions include Secure Root of Trust Controllers that protect system integrity by verifying firmware at power-up and monitoring system activity [9] - These controllers support secure system ownership transfer and robust lifecycle management [9] Industry Commitment - The company emphasizes its commitment to delivering essential building blocks to address technology challenges in modern data centers, focusing on high-speed connectivity, storage rates, and power management systems [9]

Integrated low-power analog peripherals reduce design costs and complexityCHANDLER, Ariz., April 23, 2025 (GLOBE NEWSWIRE) -- Devices designed for capturing rapidly changing analog signals must respond quickly while consuming minimal power, especially in battery-operated applications. To address these demands, Microchip Technology (Nasdaq: MCHP) has released the PIC16F17576 microcontroller (MCU) product family with integrated low-power peripherals and the ability to precisely measure volatile analog signals ...

Core Viewpoint - Microchip (MCHP) shares have underperformed significantly in 2023, with a decline of 32.8%, compared to the broader semiconductor industry and technology sector [1] Group 1: Company Performance - MCHP shares have lagged behind industry peers such as Analog Devices (ADI), Semtec Corporation (SMTC), and MACOM Technology Solutions (MTSI), which have seen declines of 18.7%, 26.6%, and 58.8% respectively [2][1] - The company is facing challenges due to broad-based weakness across multiple product lines, including microcontrollers, analog, and FPGAs, and is navigating a significant inventory correction post-COVID [3] Group 2: Product Developments and Strategic Focus - Microchip has announced advancements in its product portfolio, including a radiation-hardened power MOSFET family that meets JANSF qualification for space applications, enhancing its position in the defense and aerospace sectors [4] - The launch of the BR235 and BR235D series of power relays designed for mission-critical applications reinforces the company's commitment to military and space sectors [5] - The PolarFire SoC FPGAs have earned AEC-Q100 qualification for automotive applications, marking a significant step in Microchip's automotive strategy [6] - The MCP16701 PMIC is aimed at high-performance applications such as AI and data centers, addressing the demand for advanced power management solutions [7] - Microchip's diverse and expanding portfolio is positioned to capitalize on high-growth industries, including automotive, aerospace, and power management, with innovative product developments being a key catalyst [8] Group 3: Financial Outlook - For the fourth quarter of fiscal 2025, Microchip's non-GAAP earnings per share are expected to be between 5 cents and 15 cents, with a Zacks Consensus Estimate of 10 cents per share, indicating an 82.5% year-over-year decline [9] - Projected revenues for the same quarter are between $920 million and $1 billion, with a Zacks Consensus Estimate of $961.07 million, suggesting a decline of 27.51% year over year [9]

Group 1 - The company focuses on closed-end funds, monitoring them for directional and arbitrage opportunities due to market price deviations [1] - Timing is emphasized as crucial for trades involving closed-end funds, indicating the need for early access and discussions [1] Group 2 - The article presents an IPO analysis of a new fixed-income security after its initial trading days, highlighting the company's analytical approach [2]

Designed for extreme environments and conditions, radiation-hardened MOSFETs are available from 100 Krad to 300 Krad Total Ionizing DoseCHANDLER, Ariz., April 17, 2025 (GLOBE NEWSWIRE) -- The JANS qualification represents the highest level of screening and acceptance requirements, ensuring the superior performance, quality and reliability of discrete semiconductors for aerospace, defense and spaceflight applications. Microchip Technology (Nasdaq: MCHP) today announces its completion of its family of radiati ...

The 25A QPL electromechanical power relays meet the requirements of MIL-PRF-83536 specification and ISO- 9001 certification CHANDLER, Ariz., April 15, 2025 (GLOBE NEWSWIRE) -- As a leading supplier to the aerospace and defense market, Microchip is committed to providing innovative and robust products that are designed for mission-critical performance in the most demanding environments. Microchip Technology (Nasdaq: MCHP) today announces the release of its BR235 and BR235D series of 25A QPL hermetically seal ...

CHANDLER, Ariz., April 10, 2025 (GLOBE NEWSWIRE) -- The rapid integration of AI into industrial, computing and data center applications is fueling a growing demand for more efficient and advanced power management solutions. Microchip Technology (NASDAQ:MCHP) today announces the MCP16701, a Power Management Integrated Circuit (PMIC) designed to meet the needs of high-performance MPU and FPGA designers. The MCP16701 integrates eight 1.5A buck converters that can be paralleled, four 300 mA internal Low Dropout ...

United Airlines planes land and prepare to take off at Newark Liberty International Airport in Newark, New Jersey, , U.S., January 27, 2025.The moves came alongside a roaring rally in stocks after Trump temporarily dropped the highest new tariff rates on most U.S. imports to 10% for 90 days, while raising those imposed on Chinese imports to 125%, "effective immediately."In afternoon trading, the Atlanta-based airline and the semiconductor manufacturer soared 26.9% and 26.8%, respectively, from the session l ...