Company
Microchip Technology Inc
NASDAQ:MCHP
Microchip Technology Inc is a provider of smart, connected, and secure embedded control solutions. It is engaged in selling its semiconductor products to distributors and non-distributor customers (direct customers). It operates through two segments: semiconductor products and technology licensing.
5 stories
Hardware & electrical equipment
Chips for everything: Microchip Technology agrees US$8.3bn deal to buy Microsemi
Microchip will pay US$68.78 a share in cash for Microsemi in a deal that will form a company with annual revenue of about US$6bn
US stocks recover from losses as analysts focus on surprise gasoline supply drop
US stocks recovered from intraday losses to end higher on Wednesday after analysts focused on a fall in gasoline inventories rather than a spike in oil supplies
US stocks fall as tech stock rout replaces energy stock jubilance
US stocks close lower on Thursday as the spoils of higher energy stocks post-OPEC supply cull deal fail to filter through to the wider market for a second successive session and tech stocks dropped