Microchip Technology's Armenian office has received a U.S. export license allowing it to develop advanced FPGA semiconductor technologies in Armenia under strict compliance with U.S. regulations. This license supports Armenia's growing role as a semiconductor hub and enables local engineers to work on high-performance FPGA projects securely. The move follows Armenia's efforts to strengthen its semiconductor industry through government partnerships and international agreements, enhancing innovation and collaboration opportunities. Microchip's expanded presence in Armenia reflects its commitment to global semiconductor development and investment in local talent.
Microchip Technology is rated a strong buy due to its growing exposure to AI infrastructure, data centers, and industrial connectivity. The analyst projects 2028 revenue of $7.25 billion and EPS of $4.32, with a price target of $132 representing a 36...
Microchip Technology Inc., a leading semiconductor supplier, announced it will present at the 2026 Evercore Global TMT Conference on June 3, 2026. The presentation will be led by CEO Steve Sanghi and CFO Eric Bjornholt and will be webcast live. This ...
US stock futures dipped after nine weeks of gains as Alphabet announced an $80 billion stock sale to fund its AI expansion, causing investor concern about rising AI costs despite the company's strong cash flow. Nvidia shares rose 1.6%, helping to lim...
Microchip Technology has introduced XpressConnect PCIe 6.0 and CXL 3.1 retimers designed to address latency and signal integrity challenges in AI data centers. These retimers extend signal reach beyond current PCIe Gen 5 and Gen 6 limits, enabling mo...
Microchip Technology's Data Center Solutions Business Unit generated $302.7 million in revenue in 2025 and expects a 65% growth to approximately $500 million in 2026, reflecting strong demand for its specialized products like storage controllers and ...
