Page 57 - Microchip Technology News Today

The Biden administration is providing $162 million in incentives to expand facilities for an Arizona-based computer chip manufacturer.The funds provided to the Chandler-based Microchip Technology Inc. come from the CHIPS and Science Act signed by President Joe Biden in 2022.The incentives include $90 million to improve a plant in Colorado Springs, Colorado, and $72 million to

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The US Department of Commerce (DoC) will award Microchip Technology $162 million in grants to increase the production of semiconductors units.

Compass Wealth Management LLC trimmed its holdings in Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) by 9.0% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 12,809 shares of the semiconductor company’s stock after selling 1,265 shares during the period. Compass Wealth Management LLC’s holdings in Microchip Technology […]

The Biden administration announced an agreement Thursday to provide $162 million in federal funding to Microchip Technology to expand production of computer…

Mastrapasqua Asset Management Inc. reduced its position in Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) by 1.0% in the third quarter, HoldingsChannel.com reports. The firm owned 135,467 shares of the semiconductor company’s stock after selling 1,300 shares during the period. Microchip Technology accounts for approximately 1.2% of Mastrapasqua Asset Management Inc.’s investment portfolio, making the […]

Officials estimate the award would create 700 construction and manufacturing jobs across both states.

COLORADO SPRINGS — Microchip Technology Inc. will receive a $162 million federal incentive under the federal CHIPS and Science Act to support bringing the company’s semiconductor supply chain on-shore.

The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips — the second funding announcement tied to a 2022 law designed to revive U.S. semiconductor manufacturing. The incentives announced Thursday include $90 million to improve a plant in Colorado Springs, Colorado, and $72 million to expand a…

Godsey & Gibb Inc. lowered its position in shares of Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) by 2.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 253,956 shares of the semiconductor company’s stock after selling 6,343 shares during the quarter. Microchip Technology […]