Microchip Technology (NASDAQ:MCHP – Get Free Report) was downgraded by stock analysts at StockNews.com from a “hold” rating ...
To be fair, Microchip isn’t as exciting as primary chip designers like Nvidia (NASDAQ: NVDA) or Advanced Micro Devices ...
What Happened? Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 7% in the morning session after the company ...
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Microchip Stock On Track To Hit 4-Year Low After Q3 Earnings Miss, Weak Guidance: Retail Stays BullishMicrochip Technology Inc. (MCHP) stock dropped nearly 6.5% in pre-market trading on Friday after the semiconductor company missed third-quarter earnings and revenue expectations. The chipmaker also ...
Raymond James reissued their strong-buy rating on shares of Microchip Technology (NASDAQ:MCHP – Free Report) in a research report sent to investors on Friday,Benzinga reports. The brokerage currently ...
We recently compiled a list of the 35 Chip Stocks In Focus Amid Tech Selloff. In this article, we are going to take a look at ...
On paper, Microchip Technology Inc. MCHP should rank among the top semiconductor ... Over the past 52 weeks, Microchip’s stock has declined by more than 38%. Unfortunately, several challenges ...
MCHP's current P/E Ratio of ~38x is due to its collapsing earnings. As you can see in the chart above, it normally traded in the ~18x range. I think the stock price is simply lagging its poor ...
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