(Reuters) -Microchip Technology forecast third-quarter net sales below Wall Street estimates on Thursday, indicating tepid demand for its chips as customers in the automotive and industrial markets ...
(1) In millions, except per share amounts and percentages of net sales.(2) See the "Use of Non-GAAP Financial Measures" section of this release. Net sales for the second quarter of fiscal 2025 were $1 ...
CEO Steve Sanghi highlighted that "our net sales grew 4% sequentially and 15.6% over the year ago quarter," with growth led by networking, data center, FPGA, and licensing business units. Sanghi ...
Aug 7 (Reuters) - Chipmaker Microchip Technology (MCHP.O), opens new tab beat analysts' estimates for first-quarter net sales and profit on Thursday, helped by customers clearing excess inventory.
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