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Microchip Technology Incorporated

MCHP Stock News

Latest MCHP news

Microchip: Growth Accelerates, Margins Soar

Seeking Alpha · Tue, 22 Sep 2026 02:25:05 -0400

Microchip delivers a much stronger-than-expected revenue and margin recovery, driven by broad-based end-market growth and rapid Data Center expansion. Data Center revenue surged 97.8% YoY, now the largest incremental growth driver, with management guiding for continued robust growth as new products ramp. Microchip's margin recovery outpaces forecasts, with Q1 FY2027 gross margin at 63.2% and management guiding Q2 to 66–67%, above long-term targets.

Microchip Technology Completes Acquisition of Hailo

GlobeNewsWire · Mon, 21 Sep 2026 09:00:00 -0400

CHANDLER, Ariz., Sept. 21, 2026 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated (Nasdaq: MCHP), a broadline supplier of semiconductors committed to making innovative design easier through total system solutions, today announced that it has completed its acquisition of Hailo, a provider of accelerated edge AI processors, vision processors, robotics processors and AI software technologies.

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