Page 8 - Microchip Technology Inc News Today

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Microchip Technology Inc (NASDAQ:MCHP) recently announced a dividend of $0.45 per share, payable on 2024-03-08, with the ex-dividend date set for 2024-02-22. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Microchip Technology Inc's dividend performance and assess its sustainability.

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The US government announced a plan Monday to award roughly $1.5 billion to the New York-based chipmaker, GlobalFoundries, to strengthen domestic semiconductor production, drawing attention to its support plans for foreign firms like Samsung Electronics. The Joe Biden administration said that the Commerce Department and GF signed a non-binding preliminary memorandum of terms to provide the proposed funding under the C...

The CHIPS and Science Act money would go toward work to expand a New York chip plant and build another nearby, and to modernize a plant in Vermont.

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GlobalFoundries is a defense and industry contractor whose partners include GM and Lockheed Martin.

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By Song Sang-ho WASHINGTON, Feb. 19 (Yonhap) -- The U.S. government announced a plan Mon...