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Microchip Stock On Track To Hit 4-Year Low After Q3 Earnings Miss, Weak Guidance: Retail Stays Bullish
Microchip 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 ...
Microchip Technologies (NASDAQ: MCHP) continues to face headwinds, including end-market inventory normalization, but the darkest days are behind it. The Q1 results and guidance outlook affirm what the ...
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