Shares of Microchip Technology (NASDAQ: MCHP) rallied double digits on Tuesday, with the stock rising 10.1% as of 1:25 p.m. EDT.

We recently published 10 Stocks With Eye-Popping Double-Digit Gains; 4 Hit All-Time Highs. Microchip Technology Inc.

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On Monday, Microchip Technology Inc (NASDAQ:MCHP) cut revenue guidance for the December 2024 quarter and announced manufacturing restructuring plans after a deep dive into the company's operations.

Investing.com -- Microchip Technology (NASDAQ:MCHP) stock rose 3.7% in after-hours trading on Monday after the company reported that its third-quarter sales surpassed its previously issued guidance.

Microchip Technology is undergoing a visible turnaround under returning CEO Steve Sanghi, with improving margins and renewed growth momentum. MCHP's Nine-Point Recovery Plan is driving operational ...

NEW YORK (Reuters) - Shares of Microchip Technology fell more than 3% on Wednesday after the chipmaker announced plans to raise capital by offering $1.35 billion of convertible stock. The shares, ...

Microchip Technology Inc. has made progress on its plan to turn around the Chandler-based semiconductor company’s overall performance and bottom line, the company’s top executive said on an earnings ...