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Home/News Feed/Microchip reports Q4 sales up 35%, strong profit growth, and optimistic Q1 guidance amid improving demand.
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Microchip reports Q4 sales up 35%, strong profit growth, and optimistic Q1 guidance amid improving demand.

Company Fundamentals
07 May 2026
GlobeNewsWire
View Source
Bullish
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Microchip Technology reported a 35.1% increase in net sales for Q4 2026, reaching $1.311 billion, surpassing guidance with strong profit margins and net income growth. The company highlighted improved demand, inventory reductions, and expanding design wins in data center and AI markets. For fiscal 2026, net sales rose 7.1% to $4.713 billion, with non-GAAP net income up 31.8%. Microchip expects continued growth in Q1 2027 with sales guidance of $1.442 to $1.469 billion and improved operating margins, driven by higher factory utilization and strong customer engagement.

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