Microchip Technology (MCHP) Could be the Under-the-Radar AI Play About to Pop
To be fair, Microchip isn’t as exciting as primary chip designers like Nvidia (NASDAQ: NVDA) or Advanced Micro Devices (NASDAQ: AMD ). However, it’s more than fair to say that Microchip plays an important support role in the broader machine intelligence ecosystem.
Piper Sandler adjusted its outlook on Microchip Technology (NASDAQ:MCHP) shares, reducing the price target to $65 from the previous $85 while maintaining an Overweight rating on the stock. The firm's ...
Truist Financial analyst William Stein maintained a Hold rating on Microchip (MCHP – Research Report) today and set a price target of $56.00.
Microchip Technology's revenue has been declining for four consecutive quarters. Read more to see why I'm very bearish on ...
Microchip Technology MCHP shares have lost 36.1% in the trailing ... Microchip Technology's share price decrease is primarily attributed to inconsistent top-line growth, which is being heavily ...
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Microchip Technology (NASDAQ:MCHP) Misses Q4 Analysts’ Revenue EstimatesAnalog chipmaker Microchip Technology (NASDAQ:MCHP) in Q4 CY2024, with sales falling 41.9% year on year to $1.03 billion.
Morgan Stanley analyst Joseph Moore lowered the firm’s price target on Microchip (MCHP) to $58 from $71 and keeps an Equal Weight rating on the ...
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