| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 1.8B | -22% |
| Gross Profit | 1.1B | -27% |
| Cost Of Revenue | 645.7MM | -11% |
| Operating Income | 529.4MM | -40% |
| Operating Expenses | 590.6MM | -8% |
| Net Income | 419.2MM | -37% |
| R&D | 266MM | -9% |
| G&A | 172.2MM | -12% |
| Amortization | 172.3MM | +0% |
| Interest Expense | 49.2MM | +5% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Revenue for the company commonly known as TI slid more than 16% on the year to $3.66 billion last quarter. It was the chip maker’s sixth consecutive period of such declines, and the company projected another 16% drop in the second quarter.
Fresh off receiving U.S. CHIPS Act funding for a small manufacturing expansion, Microchip just announced a couple of AI and auto acquisitions.
Investors should use this pullback to add high-quality dividend growth companies.
Microchip (MCHP) introduces an integrated actuation power solution for sustainable aviation, enhancing efficiency and reliability.
The tech sector is notorious for both its high growth potential and unpredictable volatility. After a challenging last few years, investors are on the hunt for undervalued tech stocks that present solid fundamentals with potential for outsized returns. Undervalued tech stocks can provide lucrative opportunities if you can spot them amidst the noise. These companies are often overlooked, unprofitable, or temporarily facing short term headwinds. However, they hold underlying strengths and present
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Microchip introduces configurable family of companion driver boards using its Hybrid Power Drive modules available in silicon carbide (SiC) or silicon (Si) technologyCHANDLER, Ariz., April 17, 2024 (GLOBE NEWSWIRE) -- The aviation industry’s requirements for the latest, most efficient and lowest-emission aircraft is propelled by an overarching goal towards sustainability and decarbonization. To satisfy these goals, aviation power systems developers are transitioning to electric actuation systems
Microchip (MCHP) transforms edge AI with Neuronix acquisition, offering power-efficient FPGA solutions for seamless integration of advanced neural network algorithms.
Innovative technology enhances AI-enabled intelligent edge solutions and increases neural networking capabilitiesCHANDLER, Ariz., April 15, 2024 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) has acquired Neuronix AI Labs to expand its capabilities for power-efficient, AI-enabled edge solutions deployed on field programmable gate arrays (FPGAs). Neuronix AI Labs provides neural network sparsity optimization technology that enables a reduction in power, size and calculations for tasks su
Today we're going to take a look at the well-established Microchip Technology Incorporated ( NASDAQ:MCHP ). The...