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Microchip Technology (MCHP) PT Lowered to $120 at UBS

Fri, 07 Aug 2026 07:05:41 -0400

UBS analyst Timothy Arcuri lowered the price target on Microchip Technology (NASDAQ: MCHP) to $120.00 (from $130.00) while maintaining a Buy rating.

The analyst comments "MCHP reported above the high-end and guided up ~8% Q/Q (midpt) - consistent with our model, but gross margin was the big surprise as MCHP is eclipsing its 65% model much faster than expected. On the basis of gross margins alone, this should sway the debate in a positive direction, and MCHP's additional color on the breadth of its data center business (now ~17% of revenue, the highest among major peers) should also be received positively.

Microchip Technology (MCHP) PT Lowered to $120 at UBS

Fri, 07 Aug 2026 07:05:41 -0400

UBS analyst Timothy Arcuri lowered the price target on Microchip Technology (NASDAQ: MCHP) to $120.00 (from $130.00) while maintaining a Buy rating.

Microchip Technology (MCHP) PT Lowered to $100 at BofA Securities

Fri, 07 Aug 2026 05:23:11 -0400

BofA Securities analyst Vivek Arya lowered the price target on Microchip Technology (NASDAQ: MCHP) to $100.00 (from $122.00) while maintaining a Buy rating.

Microchip Technology (MCHP) Tops Q1 EPS by 6c, Offers Guidance

Thu, 06 Aug 2026 16:47:30 -0400

Microchip Technology (NASDAQ: MCHP) reported Q1 EPS of $0.76, $0.06 better than the analyst estimate of $0.70. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.46 billion.

GUIDANCE:

Microchip Technology sees Q2 2027 EPS of $0.91-$0.95, versus the consensus of $0.80. Microchip Technology sees Q2 2027 revenue of $1.59-1.62 billion, versus the consensus of $1.56 billion.

For earnings history and earnings-related data on Microchip Technology (MCHP) click here.

Microchip Technology (MCHP) Tops Q1 EPS by 6c, Offers Guidance

Thu, 06 Aug 2026 16:47:30 -0400

GUIDANCE:

Microchip Technology sees Q2 2027 EPS of $0.91-$0.95, versus the consensus of $0.80. Microchip Technology sees Q2 2027 revenue of $1.59-1.62 billion, versus the consensus of $1.56 billion.

For earnings history and earnings-related data on Microchip Technology (MCHP) click here.

Form 10-Q MICROCHIP TECHNOLOGY For: Jun 30

Thu, 06 Aug 2026 16:22:00 -0400

si-local-file:///var/storage/secattach/20260806/26884519.html

Form 10-Q MICROCHIP TECHNOLOGY For: Jun 30

Thu, 06 Aug 2026 16:22:00 -0400

si-local-file:///var/storage/secattach/20260806/26884519.html

Microchip Technology (MCHP) Declares $0.455 Quarterly Dividend; 2.4% Yield

Thu, 06 Aug 2026 16:18:07 -0400

Microchip Technology (NASDAQ: MCHP) declared a quarterly dividend of $0.455 per share, or $1.82 annualized.

The dividend will be payable on September 9, 2026, to stockholders of record on August 24, 2026, with an ex-dividend date of August 21, 2026.

The annual yield on the dividend is 2.4 percent.

For a dividend history and other dividend-related data on Microchip Technology (MCHP) click here.

Form 8-K MICROCHIP TECHNOLOGY For: Aug 06

Thu, 06 Aug 2026 16:18:00 -0400

si-local-file:///var/storage/secattach/20260806/26884365.html

Form 8-K MICROCHIP TECHNOLOGY For: Aug 06

Thu, 06 Aug 2026 16:18:00 -0400

si-local-file:///var/storage/secattach/20260806/26884365.html

Microchip Technology Announces Financial Results for First Quarter of Fiscal Year 2027

Thu, 06 Aug 2026 16:15:00 -0400

Net sales of $1.485 billion, increased 38.0% from the year-ago quarter and up 13.2% sequentially. The midpoint of our guidance provided on May 7, 2026 was net sales of $1.456 billion.
On a GAAP basis: gross profit of 63.2%; operating income of $336.8 million and 22.7% of net sales; net income attributable to common stockholders of $202.0 million; and EPS of $0.37 per diluted share. Our guidance provided on May 7, 2026 was GAAP EPS per diluted share of $0.28 to $0.29.
On a Non-GAAP basis: gross profit of 63.8%; operating income of $521.1 million and 35.1% of net sales; net income of

Microchip Technology Announces Financial Results for First Quarter of Fiscal Year 2027

Thu, 06 Aug 2026 16:15:00 -0400

Net sales of $1.485 billion, increased 38.0% from the year-ago quarter and up 13.2% sequentially. The midpoint of our guidance provided on May 7, 2026 was net sales of $1.456 billion.
On a GAAP basis: gross profit of 63.2%; operating income of $336.8 million and 22.7% of net sales; net income attributable to common stockholders of $202.0 million; and EPS of $0.37 per diluted share. Our guidance provided on May 7, 2026 was GAAP EPS per diluted share of $0.28 to $0.29.
On a Non-GAAP basis: gross profit of 63.8%; operating income of $521.1 million and 35.1% of net sales; net income of

Microchip Technology Announces Financial Results for First Quarter of Fiscal Year 2027

Thu, 06 Aug 2026 16:15:00 -0400

Net sales of $1.485 billion, increased 38.0% from the year-ago quarter and up 13.2% sequentially. The midpoint of our guidance provided on May 7, 2026 was net sales of $1.456 billion.
On a GAAP basis: gross profit of 63.2%; operating income of $336.8 million and 22.7% of net sales; net income attributable to common stockholders of $202.0 million; and EPS of $0.37 per diluted share. Our guidance provided on May 7, 2026 was GAAP EPS per diluted share of $0.28 to $0.29.
On a Non-GAAP basis: gross profit of 63.8%; operating income of $521.1 million and 35.1% of net sales; net income of

Microchip Technology Announces Financial Results for First Quarter of Fiscal Year 2027

Thu, 06 Aug 2026 16:15:00 -0400

Net sales of $1.485 billion, increased 38.0% from the year-ago quarter and up 13.2% sequentially. The midpoint of our guidance provided on May 7, 2026 was net sales of $1.456 billion.
On a GAAP basis: gross profit of 63.2%; operating income of $336.8 million and 22.7% of net sales; net income attributable to common stockholders of $202.0 million; and EPS of $0.37 per diluted share. Our guidance provided on May 7, 2026 was GAAP EPS per diluted share of $0.28 to $0.29.
On a Non-GAAP basis: gross profit of 63.8%; operating income of $521.1 million and 35.1% of net sales; net income of

Microchip Technology Announces Financial Results for First Quarter of Fiscal Year 2027

Thu, 06 Aug 2026 16:15:00 -0400

Net sales of $1.485 billion, increased 38.0% from the year-ago quarter and up 13.2% sequentially. The midpoint of our guidance provided on May 7, 2026 was net sales of $1.456 billion.
On a GAAP basis: gross profit of 63.2%; operating income of $336.8 million and 22.7% of net sales; net income attributable to common stockholders of $202.0 million; and EPS of $0.37 per diluted share. Our guidance provided on May 7, 2026 was GAAP EPS per diluted share of $0.28 to $0.29.
On a Non-GAAP basis: gross profit of 63.8%; operating income of $521.1 million and 35.1% of net sales; net income of

Microchip Technology Announces Financial Results for First Quarter of Fiscal Year 2027

Thu, 06 Aug 2026 16:15:00 -0400

Net sales of $1.485 billion, increased 38.0% from the year-ago quarter and up 13.2% sequentially. The midpoint of our guidance provided on May 7, 2026 was net sales of $1.456 billion.
On a GAAP basis: gross profit of 63.2%; operating income of $336.8 million and 22.7% of net sales; net income attributable to common stockholders of $202.0 million; and EPS of $0.37 per diluted share. Our guidance provided on May 7, 2026 was GAAP EPS per diluted share of $0.28 to $0.29.
On a Non-GAAP basis: gross profit of 63.8%; operating income of $521.1 million and 35.1% of net sales; net income of

Microchip Technology Announces Financial Results for First Quarter of Fiscal Year 2027

Thu, 06 Aug 2026 16:15:00 -0400

Net sales of $1.485 billion, increased 38.0% from the year-ago quarter and up 13.2% sequentially. The midpoint of our guidance provided on May 7, 2026 was net sales of $1.456 billion.
On a GAAP basis: gross profit of 63.2%; operating income of $336.8 million and 22.7% of net sales; net income attributable to common stockholders of $202.0 million; and EPS of $0.37 per diluted share. Our guidance provided on May 7, 2026 was GAAP EPS per diluted share of $0.28 to $0.29.
On a Non-GAAP basis: gross profit of 63.8%; operating income of $521.1 million and 35.1% of net sales; net income of

Microchip Technology Announces Financial Results for First Quarter of Fiscal Year 2027

Thu, 06 Aug 2026 16:15:00 -0400

Net sales of $1.485 billion, increased 38.0% from the year-ago quarter and up 13.2% sequentially. The midpoint of our guidance provided on May 7, 2026 was net sales of $1.456 billion.
On a GAAP basis: gross profit of 63.2%; operating income of $336.8 million and 22.7% of net sales; net income attributable to common stockholders of $202.0 million; and EPS of $0.37 per diluted share. Our guidance provided on May 7, 2026 was GAAP EPS per diluted share of $0.28 to $0.29.
On a Non-GAAP basis: gross profit of 63.8%; operating income of $521.1 million and 35.1% of net sales; net income of

Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share

Thu, 06 Aug 2026 16:15:00 -0400

CHANDLER, Ariz., Aug. 06, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on September 9, 2026, to stockholders of record on August 24, 2026. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003.

About Microchip:

Microchip Technology Inc. is a broadline supplier of semiconductors committed to making innovative design easier through total system

Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share

Thu, 06 Aug 2026 16:15:00 -0400

CHANDLER, Ariz., Aug. 06, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on September 9, 2026, to stockholders of record on August 24, 2026. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003.

About Microchip:

Microchip Technology Inc. is a broadline supplier of semiconductors committed to making innovative design easier through total system

Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share

Thu, 06 Aug 2026 16:15:00 -0400

CHANDLER, Ariz., Aug. 06, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on September 9, 2026, to stockholders of record on August 24, 2026. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003.

About Microchip:

Microchip Technology Inc. is a broadline supplier of semiconductors committed to making innovative design easier through total system

Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share

Thu, 06 Aug 2026 16:15:00 -0400

CHANDLER, Ariz., Aug. 06, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on September 9, 2026, to stockholders of record on August 24, 2026. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003.

About Microchip:

Microchip Technology Inc. is a broadline supplier of semiconductors committed to making innovative design easier through total system

Microchip and Micron demo PCIe Gen 6 storage at FMS 2026

Tue, 04 Aug 2026 07:16:57 -0400

Microchip Technology (Nasdaq: MCHP) announced a demonstration of an end-to-end PCIe Gen 6 storage architecture at the 2026 Future of Memory and Storage Conference, combining its Switchtec PCIe Gen 6 switches with Micron Technology's 9650 NVMe solid state drives.
The demonstration features a Microchip Switchtec Gen 6 PCIe fanout switch acting as an interconnect between host processors and multiple Micron 9650 SSDs. The architecture is designed to support composable and disaggregated system designs for AI, high-performance computing and cloud data center workloads.
PCIe 6.0 doubles the bandwidth of PCIe 5.0 to 64 GT/s per lane. Microchip's Switchtec Gen 6 switches are built

Microchip and Micron demo PCIe Gen 6 storage at FMS 2026

Tue, 04 Aug 2026 07:16:57 -0400

Microchip Technology (Nasdaq: MCHP) announced a demonstration of an end-to-end PCIe Gen 6 storage architecture at the 2026 Future of Memory and Storage Conference, combining its Switchtec PCIe Gen 6 switches with Micron Technology's 9650 NVMe solid state drives.
The demonstration features a Microchip Switchtec Gen 6 PCIe fanout switch acting as an interconnect between host processors and multiple Micron 9650 SSDs. The architecture is designed to support composable and disaggregated system designs for AI, high-performance computing and cloud data center workloads.
PCIe 6.0 doubles the bandwidth of PCIe 5.0 to 64 GT/s per lane. Microchip's Switchtec Gen 6 switches are built

Microchip Technology, in Collaboration With Micron Technology, Demonstrates High-Performance PCIe® Gen 6 Storage Architecture for AI and Data Center Infrastructure

Tue, 04 Aug 2026 07:16:00 -0400

CHANDLER, Ariz., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announced a demonstration showcasing an end‑to‑end PCIe® Gen 6 storage architecture, combining Microchip’s Switchtec™ PCIe Gen 6 switches with high-performance Micron 9650 NVMe® solid state drives (SSDs). The demonstration highlights the role of next‑generation PCIe technology in enabling higher data throughput, reduced latency and scalable connectivity for AI, high‑performance computing (HPC) and cloud data center workloads.

At the 2026 Future of Memory and Storage (FMS) Conference, the demonstration features a Microchip Switchtec Gen 6 PCIe fanout switch acting as a high‑bandwidth, low‑latency interconnect between host processors and multiple Micron