Microchip Technology Inc. announced a quarterly cash dividend of 45.5 cents per share, payable on September 9, 2026, to shareholders of record as of August 24, 2026. This dividend continues the company's long-standing practice of quarterly payments, which began in fiscal 2003. The announcement reflects Microchip's ongoing commitment to returning value to shareholders amid its strong market position in embedded control solutions. Investors can expect the dividend as a steady income stream alongside the company's growth in semiconductor markets.
Elon Musk’s net worth surpassed $800 billion after SpaceX shares surged 11.7% to a three-week high, driven by strong quarterly revenue of $7.8 billion and reduced net losses. Despite increased spending, particularly on AI, SpaceX beat Wall Street est...
Microchip Technology reported a strong Q1 2027 with net sales up 38% year-over-year to $1.485 billion, surpassing guidance. Analyst B. Riley maintained a Buy rating and set a $108 price target, down from $125 but still indicating growth potential fro...
Microchip Technology is expected to report strong Q2 earnings with EPS of $0.70 and revenue around $1.46 billion, a 35% increase year-over-year. This growth is driven by high demand from AI and data center markets. The company is enhancing its AI cap...
The global Gate Driver Integrated Circuit (IC) market is projected to grow from USD 1.76 billion in 2025 to USD 2.91 billion by 2035, at a CAGR of 5.19%. Growth is fueled by rising electric vehicle adoption, renewable energy infrastructure, and advan...
Microchip Technology and Micron Technology demonstrated a high-performance PCIe Gen 6 storage architecture combining Microchip’s Switchtec Gen 6 PCIe switches with Micron 9650 NVMe SSDs. This setup delivers increased bandwidth, lower latency, and sca...
