Latest news with #Microchip
Yahoo
3 days ago
- Business
- Yahoo
Microchip Technology (NasdaqGS:MCHP) Expands Product Line With New Digital Signal Controllers
Microchip Technology has experienced a 24% increase in share price over the last quarter, likely driven by significant product-related announcements, including the expansion of its dsPIC33A Digital Signal Controller line. These advancements cater to high-demand sectors like AI and energy efficiency, capturing investor interest. Despite broader geopolitical and market volatility, such as concerns over the Israel-Iran conflict and stability in oil prices, Microchip's focused innovations in cutting-edge technology likely provided a strong counterbalance. The declaration of dividends and revised earnings guidance might have further bolstered investor confidence, aligning with overall market strength and tech sector resilience. Every company has risks, and we've spotted 3 risks for Microchip Technology (of which 2 are significant!) you should know about. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The recent share price increase for Microchip Technology may provide a favorable backdrop for its ongoing transformation efforts. Over a five-year period ending today, the company has delivered a total return of 42.48%, reflecting its resilience and investor confidence in the midst of market challenges. In the past year, however, Microchip's shares have underperformed the broader US market, which saw a return of 9.8%, highlighting potential short-term pressures faced by the company. The recent product announcements and strategic moves, like the expansion of the dsPIC33A Digital Signal Controller line, are aimed at high-demand markets such as AI and energy efficiency, possibly supporting positive movements in revenue and earnings forecasts. Analysts anticipate that these efforts will bolster Microchip's revenues, projected to grow at 10.7% annually over the next few years. However, the company's current restructuring and efficiency improvement plans could present short-term challenges, affecting operational costs and efficiency. In the context of the share price movement, Microchip is currently trading below the consensus price target of US$66.14. While the latest forecasts suggest potential earnings growth, the need for continuous execution in strategic initiatives plays a significant role in bridging this gap. Investors will be closely monitoring the company's progress in its restructuring and innovation pipeline against the backdrop of their long-term price expectations. The analysis detailed in our Microchip Technology valuation report hints at an inflated share price compared to its estimated value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:MCHP. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
04-06-2025
- Business
- Yahoo
StealthCores Joins Microchip Partner Program to Deliver Advanced Security for PolarFire FPGA and SoC Platforms
Partnership delivers optimized encryption solutions for mission-critical applications Gainesville, FL, June 04, 2025 (GLOBE NEWSWIRE) -- StealthCores, a provider of advanced encryption IP for secure systems, has joined the Microchip Partner Program to deliver cutting-edge protection for PolarFire® FPGA and PolarFire SoC platforms. The partnership enables customers to leverage StealthCores' specialized encryption technologies, StealthAES and StealthMem, which are now fully optimized for the PolarFire architecture. These solutions complement Microchip's built-in security features, providing additional performance and capabilities while maintaining the highest levels of protection against side-channel attacks. "Our close collaboration with Microchip allows us to deliver security solutions that are precisely tailored to the unique capabilities of the PolarFire platform," said Stuart Audley, President of StealthCores. "As security threats continue to evolve, this partnership ensures that customers have access to the most advanced encryption technologies available for their mission-critical applications." StealthAES implements high-performance AES-GCM encryption secured with advanced countermeasures for enhanced protection on PolarFire platforms, while StealthMem delivers comprehensive memory encryption across RAM, flash, and PCIe® NVMe® interfaces. Together, these solutions address the growing need for comprehensive data protection in edge computing, communications infrastructure, defense systems, and industrial applications. The partnership also enables StealthCores to offer PolarFire implementation services, helping customers integrate advanced security features using the embedded Athena TeraFire cryptoprocessor and PCIe subsystem. This approach enables efficient integration of even the most complex security requirements. "As security becomes a non-negotiable in defense, industrial, and communications sectors, our partnership with StealthCores ensures developers have direct access to field-tested encryption tools that meet real-world requirements," said Shakeel Peera Vice President of Marketing and Strategy for Microchip's FPGA business unit. "By leveraging StealthAES and StealthMem technologies in Microchip's PolarFire FPGA architecture, we're pushing the boundaries of what's possible in FPGA security." StealthCores' solutions are now available for PolarFire FPGA and SoC platforms through the Microchip Partner Program. About StealthCores StealthCores develops advanced security IP for FPGAs and ASICs, delivering practical, high-performance cryptographic solutions with built-in countermeasures against side-channel attacks. Backed by decades of industry experience and purpose-built IP, StealthCores enables customers to secure critical systems with confidence. Learn more at or contact us at info@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-06-2025
- Business
- Yahoo
Microchip Technology to Present at the Bank of America 2025 Global Technology Conference
CHANDLER, Ariz., June 03, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the Bank of America 2025 Global Technology Conference on Wednesday, June 4, 2025 at 9:20 a.m. (Pacific Time). Presenting for the Company will be Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcast of the presentation will be made available by B of A, and can be accessed on the Microchip website at Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company's Securities and Exchange Commission filings. Copies of SEC filings can be obtained for free at the SEC's website ( or from commercial document retrieval services. Microchip notes that its press release on May 29, 2025 incorrectly stated that the date of the BofA conference was June 3 (not June 4) and that $1.025 billion was the low of its prior guidance range while it was actually $1.02 billion. Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. The company's solutions serve approximately 112,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries. INVESTOR RELATIONS CONTACT: Deborah Wussler ……… (480) 792-7373
Yahoo
30-05-2025
- Business
- Yahoo
Microchip Technology (NasdaqGS:MCHP) Raises Sales Guidance for Fiscal Q1 2026
Microchip Technology has raised its earnings guidance for the fiscal first quarter of 2026, signaling anticipated improved performance, which may have added positive momentum to its stock price during a month where it climbed 27%. This optimistic revision reflects a healthier forecast for consolidated net sales and a reduced expected loss per share, aligning with broader positive market trends. Despite recent market volatility due to geopolitical tensions and tariff discussions, Microchip's proactive stance in financial guidance stood out, possibly contributing to investor confidence against a backdrop of favorable broader market performance where the Nasdaq rose nearly 10%. We've identified 3 possible red flags with Microchip Technology (at least 2 which shouldn't be ignored) and understanding the impact should be part of your investment process. AI is about to change healthcare. These 23 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. The recent upward revision in Microchip Technology's earnings guidance for fiscal Q1 2026 may bolster the company's ongoing transformation efforts. Implementing a broad 9-point efficiency plan, including facility closures and inventory strategies, positions Microchip to capitalize on revenue growth in emergent sectors. However, the challenges of restructuring and high inventory levels present hurdles that could impact short-term operational efficiency and revenue consistency. Over the past five years, Microchip's total shareholder return, including both share price and dividends, was 19.14%. Despite its recent monthly climb, the company's one-year performance lagged the broader US market and the semiconductor industry. Analysts forecast an optimistic outlook, with revenue anticipated to grow annually by 10.7% in the next three years, potentially elevating earnings to US$1.4 billion by May 2028. However, variations in analyst consensus, particularly in price targets, highlight differing expectations for Microchip's capacity to meet these targets consistently. The current share price is US$47.24, translating to a 19.7% discount to the consensus price target of US$58.82. The revised economic outlook and anticipated improved performance may positively influence investor sentiment, aligning more closely with the optimistic analyst forecasts. Nonetheless, reliance on future earnings trajectory amidst operational restructuring suggests careful evaluation of potential risks and impacts on cash flow flexibility. Investors are encouraged to continually scrutinize these dynamics in light of the company's strategic actions and market positions. Learn about Microchip Technology's historical performance here. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:MCHP. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
29-05-2025
- Business
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Microchip Technology Raises Financial Guidance for Sales and EPS for First Quarter of Fiscal Year 2026
CHANDLER, Ariz., May 29, 2025 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today updated the range of its prior guidance for net Sales and GAAP and non-GAAP earnings per share for its fiscal first quarter of 2026 ending June 30, 2025. Microchip now expects consolidated net sales for the June quarter to be between $1.045 billion and $1.070 billion. Microchip previously provided guidance on May 8, 2025 of consolidated net sales to be between $1.025 billion and $1.070 billion. GAAP loss per share is now expected to be between $(0.11) and $(0.07), and non-GAAP earnings per share is now expected to be between $0.22 and $0.26. The original guidance for the GAAP loss per share was $(0.15) and $(0.07), and the original guidance for non-GAAP earnings per share was between $0.18 and $0.26. Steve Sanghi, Microchip's CEO and President, commented, "With almost two months of the quarter behind us, our business is performing better than we expected at the time of our May 8, 2025 earnings conference call. Our bookings activity for the month of May is tracking to be higher than any month in the last two years. We are gaining confidence in the recovery of our business as we execute on our strategic initiatives, reduce inventory levels and make progress towards our long-term business model." There will be no conference call associated with this press release. Microchip is attending the Stifel 2025 Cross Border 1x1 Conference and the B of A Securities Global Technology Conference on Wednesday June 3, 2025. A live webcast and replays from the B of A Conference will be available at Cautionary Statement: The statements in this release relating to expecting consolidated net sales for the June quarter to be between $1.045 billion and $1.070 billion, GAAP loss per share to be between $(0.11) and $(0.07), non GAAP earnings per share to be between $0.22 and $0.26, that our business is performing better than we expected, that our bookings activity for the month of May is tracking to be higher than any month in the last two years, that we are gaining confidence in the recovery of our business as we execute on our strategic initiatives, reduce inventory levels and make progress towards our long-term business model are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause our actual results to differ materially, including, but not limited to: any continued uncertainty, fluctuations or weakness in the U.S. and world economies (including China and Europe) due to changes in the scope and level of tariffs, interest rates or high inflation, actions taken or which may be taken by the Trump administration or the U.S. Congress (including budget and tax legislation), monetary policy, political, geopolitical, trade or other issues in the U.S. or internationally (including the military conflicts in Ukraine-Russia and the Middle East), further changes in demand or market acceptance of our products and the products of our customers and our ability to respond to any increases or decreases in market demand or customer requests to reschedule or cancel orders; the mix of inventory we hold, our ability to satisfy any short-term orders from our inventory and our ability to effectively manage our inventory levels; foreign currency effects on our business; changes in utilization of our manufacturing capacity and our ability to effectively manage our production levels to meet any increases or decreases in market demand or any customer requests to reschedule or cancel orders; the impact of inflation on our business; competitive developments including pricing pressures; the level of orders that are received and can be shipped in a quarter; our ability to realize the expected benefits of our long-term supply assurance program; changes or fluctuations in customer order patterns and seasonality; our ability to effectively manage our supply of wafers from third party wafer foundries to meet any decreases or increases in our needs and the cost of such wafers, our ability to obtain additional capacity from our suppliers to increase production to meet any future increases in market demand; our ability to successfully integrate the operations and employees, retain key employees and customers and otherwise realize the expected synergies and benefits of our acquisitions; the impact of any future significant acquisitions or strategic transactions we may make; the costs and outcome of any current or future litigation or other matters involving our acquisitions (including the acquired business, intellectual property, customers, or other issues); the costs and outcome of any current or future tax audit or investigation regarding our business or our acquired businesses; the impact that the CHIPS Act will have on increasing manufacturing capacity in our industry by providing incentives for us, our competitors and foundries to build new wafer manufacturing facilities or expand existing facilities; the amount and timing of any incentives we may receive under the CHIPS Act, the impact of current and future changes in U.S. corporate tax laws (including the Inflation Reduction Act of 2022 and the Tax Cuts and Jobs Act of 2017); fluctuations in our stock price and trading volume which could impact the number of shares we acquire under our share repurchase program and the timing of such repurchases; disruptions in our business or the businesses of our customers or suppliers due to natural disasters (including any floods in Thailand), terrorist activity, armed conflict, war, worldwide oil prices and supply, public health concerns or disruptions in the transportation system; and general economic, industry or political conditions in the United States or internationally. For a detailed discussion of these and other risk factors, please refer to Microchip's filings on Forms 10-K and 10-Q. You can obtain copies of Forms 10-K and 10-Q and other relevant documents for free at Microchip's website ( or the SEC's website ( or from commercial document retrieval services. Stockholders of Microchip are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date such statements are made. Microchip does not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after this May 8, 2025 press release, or to reflect the occurrence of unanticipated events. About Microchip: Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. Our solutions serve approximately 109,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at Note: The Microchip name and logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies. INVESTOR RELATIONS CONTACT:Sajid Daudi -- Head of Investor Relations..... (480) 792-7385
