MCHP
NASDAQ · Semiconductors
Microchip Technology Inc
$84.69
+10.33 (+13.89%)
MCHP News4 articles
Nasdaq Surges as Weak Payrolls Dim Rate Hike Odds
Nasdaq surged 1.33% after July payrolls unexpectedly fell, cutting September rate hike odds to 20%. Tech stocks led gains as yields dropped.
Qualcomm Shares Surge on AI Optimism and Analyst Upgrade
Qualcomm shares rose 6% after Daiwa Securities upgraded the stock, highlighting AI-driven revenue growth in automotive and IoT sectors.
Microchip Technology Shares Slide on $600M Convertible Debt Offering
Microchip Technology shares fell after announcing a $600 million convertible senior notes offering, with proceeds earmarked for hedging and debt repayment. Investors are watching pricing terms and potential dilution.
Microchip Technology Shares Slip on Mixed Outlook and Analyst Views
Microchip Technology shares declined 2.6% Friday following its quarterly results and guidance, with analysts divided on the stock's path amid supply chain pressures.