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.
Securities has adjusted the price target for Microchip Technology (NASDAQ:MCHP) shares, reducing it to $58 from the previous $72, while retaining an Outperform rating on the stock. Currently trading ...
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 ...
If an investor was to purchase shares of MCHP stock at the current price level of $54.49/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the ...
StockStory.org on MSN1d
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.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback