Microchip Technology is undergoing significant restructuring in response to a downturn in the automotive chip market. The company has announced the layoff of approximately 2,000 employees ...

Microchip Technology said on Monday it will cut around 2,000 jobs, or about 9 per cent of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers.

Global microchip revenue hit $627.6 billion in 2024, up 19.1% from 2023. Demand for microchips is rising, driving manufacturers to expand production. Investing in key microchip companies is a ...

PHOENIX — Apple is kicking off a $500 billion investment plan over the next four years, and Arizona is set to reap the rewards. The company announced Monday that it made a multibillion-dollar ...

Shares of Microchip Technology are up on the Nasdaq Wednesday, after the company said it was releasing an AI-powered coding assistant. In afternoon trading, shares gained 10.3% to $63.87.

In this article, we are going to take a look at where Microchip Technology Incorporated (NASDAQ:MCHP) stands against the other AI stocks. On 17th February, xAI launched its updated Grok 3 AI model ...

In this article, we are going to take a look at where Microchip Technology Incorporated (NASDAQ:MCHP) stands against the other semiconductor stocks. The semiconductor industry has always been a ...

Microchipping your pet can help make sure your animal returns home if it gets lost, but the shutdown of a national pet microchip company has left many pet owners worried. Texas-based microchip ...