📰 Microchip Technology News
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May 6, 2024
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. The relief across world markets as signs of a softening in the U.S. jobs markets strengthens the case for Federal Reserve rate cuts to start later this year remains palpable. Not...
May 6, 2024
Analyst upgrades Micron Technology Inc (MU) from Neutral to Outperform, raises price target to $150. Remains bullish on US semiconductor sector.
May 6, 2024
Model N, Inc. , a leader in cloud revenue management solutions, today announced financial results for the second quarter of fiscal year 2024 ended March 31, 2024. Second Quarter 2024 Financial...
May 6, 2024
Microchip Technology (NASDAQ:MCHP – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Monday morning. The company provided EPS guidance of 0.480-0.560 for the period, compared to the consensus EPS estimate of 0.580. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 […]
May 6, 2024
The stock market is poised to mark a third consecutive session of gains, with major indices all trading in the green during midday trading in New York on Monday, as traders continue to react positively to quarterly earnings and the Federal Reserve’s unexpectedly dovish stance
May 6, 2024
Microchip Technology (NASDAQ:MCHP – Get Free Report) released its earnings results on Monday. The semiconductor company reported $0.57 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.57, Briefing.com reports. The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Microchip Technology had a return […]
May 6, 2024
Microchip Technology (NASDAQ:MCHP – Get Free Report) posted its earnings results on Monday. The semiconductor company reported $0.57 EPS for the quarter, meeting the consensus estimate of $0.57, Briefing.com reports. The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.33 billion. Microchip Technology had a return on equity […]
May 6, 2024
Cohu, Inc. , a global leader in equipment and services optimizing semiconductor manufacturing yield and productivity, today announced that Karen M. Rapp has been appointed to the Cohu Board of...
May 6, 2024
These are the stocks posting the largest moves in extended trading.
May 6, 2024
Key Insights from KeyBanc: Semiconductor Sector Shows Signs of Stabilization Amid Global Tech Shifts. John Vinh reports on trends in AI data centers and automotive corrections, highlighting robust high-end Android demand and gradual traditional demand recovery.