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.
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Microchip Stock On Track To Hit 4-Year Low After Q3 Earnings Miss, Weak Guidance: Retail Stays BullishMicrochip 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 ...
B. Riley analyst Craig Ellis lowered the firm’s price target on Microchip (MCHP) to $75 from $85 and keeps a Buy rating on the shares. The ...
Microchip Technology's revenue has been declining for four consecutive quarters. Read more to see why I'm very bearish on ...
Shares of Microchip Technology Inc. MCHP slipped 1.66% to $56.28 Tuesday, on what proved to be an all-around favorable ...
BofA lowered the firm’s price target on Microchip (MCHP) to $53 from $65 and keeps an Underperform rating on the shares following “another ...
As of 11:23:59 AM EST. Market Open. Microchip Tech (MCHP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the ...
Microchip Technology reported its third-quarter financial results after Thursday's closing bell. Here's a look at the details ...
Pre-earnings options volume in Microchip (MCHP) is 3.6x normal with puts leading calls 5:4. Implied volatility suggests the market is ...
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