Core Viewpoint - Microchip Technology (MCHP) is expected to report a significant decline in revenues and earnings for the fourth quarter of fiscal 2025, reflecting ongoing macroeconomic challenges and operational restructuring efforts [1][2][4]. Financial Performance - Microchip anticipates net sales between $920 million and $1 billion for the third quarter of fiscal 2025, with non-GAAP earnings expected between 5 cents and 15 cents per share [1]. - The Zacks Consensus Estimate for fiscal fourth-quarter 2025 revenues is $961.07 million, indicating a 27.51% decline from the previous year's quarter [1]. - The consensus for fiscal fourth-quarter earnings is set at 10 cents per share, representing an 82.46% year-over-year decline [2]. Operational Insights - Inventory levels have improved, reaching 266 days in the third quarter of fiscal 2025, an increase of 19 days sequentially, with expectations for a decrease in inventory days and dollar value in the upcoming quarter [3]. - Operating expenses are projected to rise to 37.7%-40.5% of sales in the fiscal fourth quarter, compared to 34.9% in the fiscal third quarter [5]. - The company is expected to incur $45 million in charges related to the cancellation of certain long-term agreements, negatively impacting the bottom line [5]. Market Context - Microchip is facing persistent macroeconomic weakness and limited visibility, particularly in the industrial and automotive sectors, but benefits from a diverse product portfolio and expansion into megatrends such as Edge Computing, IoT, and AI/ML [4]. - The company has initiated a corporate-wide layoff to drive operational savings [4]. Earnings Expectations - Microchip has an Earnings ESP of +8.03% and a Zacks Rank of 3, indicating a potential for an earnings beat [6].

Core Viewpoint - Analysts project that Microchip Technology (MCHP) will report quarterly earnings of $0.10 per share, reflecting an 82.5% decline year over year, with revenues expected to reach $961.07 million, down 27.5% from the same quarter last year [1]. Group 1: Earnings Estimates - The consensus EPS estimate for the quarter has been revised downward by 2.3% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting potential investor reactions, as empirical studies show a strong relationship between earnings estimate revisions and short-term stock price performance [3]. Group 2: Key Metrics Projections - Analysts estimate 'Net Sales- Mixed-signal Microcontrollers' will reach $500.65 million, indicating a year-over-year decline of 28% [5]. - 'Net Sales- Other' is expected to be $210.26 million, reflecting a 30.2% decrease from the year-ago quarter [5]. - The average prediction for 'Net Sales- Analog' is $250.64 million, showing a 23.9% decline from the previous year [5]. Group 3: Stock Performance - Microchip Tech shares have returned +32.3% over the past month, significantly outperforming the Zacks S&P 500 composite, which saw a +0.4% change [6]. - With a Zacks Rank 3 (Hold), MCHP is anticipated to mirror overall market performance in the near future [6].

CHANDLER, Ariz., May 02, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Rick Cassidy, Senior Vice President of Corporate Strategy Development at Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) and Chairman of TSMC Arizona, will join the Board of Directors of Microchip effective May 2, 2025. Regarding Mr. Cassidy’s appointment to the board, Microchip’s President and CEO, Steve S ...

Core Viewpoint - Microchip Technology (MCHP) is anticipated to report a year-over-year decline in earnings and revenues for the quarter ended March 2025, with earnings expected to be $0.10 per share, reflecting an 82.5% decrease, and revenues projected at $961.07 million, down 27.5% from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is scheduled for May 8, and the stock may experience upward movement if the reported numbers exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 2.33% lower in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Microchip Tech is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +8.03%, indicating a likelihood of beating the consensus EPS estimate [10][11]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. Historical Performance - In the last reported quarter, Microchip Tech was expected to post earnings of $0.28 per share but delivered only $0.20, resulting in a surprise of -28.57% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [13]. Industry Context - In the semiconductor industry, M/A-Com (MTSI) is expected to report earnings of $0.84 per share for the same quarter, reflecting a year-over-year increase of 42.4%, with revenues projected at $230.08 million, up 27% [17]. - The consensus EPS estimate for M/A-Com has been revised 1% higher, but with an Earnings ESP of 0.00%, it is challenging to predict a beat [18].

Core Insights - The rapid growth of artificial intelligence (AI) is driving unprecedented demand for high-performance, secure, and innovative solutions in data centers [1] - Microchip Technology is developing advanced technologies to address evolving market needs in data center connectivity, storage, and data retrieval [1] Product Portfolio - Microchip's portfolio includes high-speed interconnect and storage technologies such as Gen 3, Gen 4, and Gen 5 PCIe switches, with Gen 6 and Gen 7 technologies in development [2] - The company offers Non-Volatile Memory Express (NVMe), storage and RAID controllers with hardware-based security for enhanced data protection [2] - Connectivity solutions include retimers and Ethernet PHYs to optimize interconnect functionality, along with power management and system monitoring solutions designed for energy-efficient operations [2] New Solutions - Introduction of the 800G Active Electrical Cable (AEC) Reference Design, featuring the META-DX2C 800G retimer with 112G SerDes, aimed at reducing development time and cost for generative AI networks [3][7] - The Lambda Splitting technique in the design significantly reduces costs and boosts bandwidth efficiency by up to 50% [7] - The LAN9646 6-Port Gigabit Ethernet (GbE) Switch supports multiple interface options and is designed for various networking applications, providing full VLAN and Quality of Service (QoS) support [7] Power Management - The MCPF1412 high-density power module delivers up to 12A of current within a voltage range of 0.6V to 1.8V, optimized for space-constrained applications [7] - dsPIC33A Digital Signal Controllers (DSCs) enhance energy efficiency and reliability in data centers and AI servers, with features for power factor correction and synchronous rectification [13] Security Features - Microchip's data center solutions include Secure Root of Trust Controllers that protect system integrity by verifying firmware at power-up and monitoring system activity [9] - These controllers support secure system ownership transfer and robust lifecycle management [9] Industry Commitment - The company emphasizes its commitment to delivering essential building blocks to address technology challenges in modern data centers, focusing on high-speed connectivity, storage rates, and power management systems [9]

纳斯达克100指数涨超2%，成分股微芯科技涨9.6%，安森美半导体涨7.5%，迈威尔科技、ADI、德州仪器、TEAM、拉姆研究、恩智浦、AppLovin、铿腾电 子、Arm控股等至多涨6.96%，百事可乐仍然跌2.8%，康卡斯特跌4.7%，Fiserv跌14.8%。 标普500指数目前涨1.4%，纳指涨1.98%，费城半导体指数涨4.6%，银行指数涨1.3%，罗素2000指数涨0.8%。特斯拉涨2%，苹果涨0.8%。 | SYMBOL # | NAME # | PRICE $ | CHANGE # | | --- | --- | --- | --- | | МСНР | Microchip Technology Inc | 45.96 | +4.03 | | ON | ON Semiconductor Corp | 39.36 | +2.73 | | MRVL | Marvell Technology Inc | 57.51 | +3.74 | | ADI | Analog Devices Inc | 195.61 | +12.49 | | TXN | Texas Instruments Inc | 162. ...

Integrated low-power analog peripherals reduce design costs and complexityCHANDLER, Ariz., April 23, 2025 (GLOBE NEWSWIRE) -- Devices designed for capturing rapidly changing analog signals must respond quickly while consuming minimal power, especially in battery-operated applications. To address these demands, Microchip Technology (Nasdaq: MCHP) has released the PIC16F17576 microcontroller (MCU) product family with integrated low-power peripherals and the ability to precisely measure volatile analog signals ...

Core Viewpoint - Microchip (MCHP) shares have underperformed significantly in 2023, with a decline of 32.8%, compared to the broader semiconductor industry and technology sector [1] Group 1: Company Performance - MCHP shares have lagged behind industry peers such as Analog Devices (ADI), Semtec Corporation (SMTC), and MACOM Technology Solutions (MTSI), which have seen declines of 18.7%, 26.6%, and 58.8% respectively [2][1] - The company is facing challenges due to broad-based weakness across multiple product lines, including microcontrollers, analog, and FPGAs, and is navigating a significant inventory correction post-COVID [3] Group 2: Product Developments and Strategic Focus - Microchip has announced advancements in its product portfolio, including a radiation-hardened power MOSFET family that meets JANSF qualification for space applications, enhancing its position in the defense and aerospace sectors [4] - The launch of the BR235 and BR235D series of power relays designed for mission-critical applications reinforces the company's commitment to military and space sectors [5] - The PolarFire SoC FPGAs have earned AEC-Q100 qualification for automotive applications, marking a significant step in Microchip's automotive strategy [6] - The MCP16701 PMIC is aimed at high-performance applications such as AI and data centers, addressing the demand for advanced power management solutions [7] - Microchip's diverse and expanding portfolio is positioned to capitalize on high-growth industries, including automotive, aerospace, and power management, with innovative product developments being a key catalyst [8] Group 3: Financial Outlook - For the fourth quarter of fiscal 2025, Microchip's non-GAAP earnings per share are expected to be between 5 cents and 15 cents, with a Zacks Consensus Estimate of 10 cents per share, indicating an 82.5% year-over-year decline [9] - Projected revenues for the same quarter are between $920 million and $1 billion, with a Zacks Consensus Estimate of $961.07 million, suggesting a decline of 27.51% year over year [9]

Group 1 - The company focuses on closed-end funds, monitoring them for directional and arbitrage opportunities due to market price deviations [1] - Timing is emphasized as crucial for trades involving closed-end funds, indicating the need for early access and discussions [1] Group 2 - The article presents an IPO analysis of a new fixed-income security after its initial trading days, highlighting the company's analytical approach [2]

Core Insights - Microchip Technology has completed its family of radiation-hardened power MOSFETs, achieving JANSF qualification for its JANSF2N8587U3, a 100V N-channel MOSFET rated for 300 Krad (Si) Total Ionizing Dose [1][4] Product Overview - The JANS series of rad-hard power devices from Microchip is available in voltage ranges from 100V to 250V, with the family expanding to higher Radiation Hardness Assurance levels, starting with the JANSF2N7587U3 at 300 Krad (Si) TID [2] - The JANS RH MOSFET die is offered in multiple package options, including a cost-effective plastic package and a hermetically sealed ceramic package designed for total dose and Single-Event-Environments [2] Performance and Applications - These devices meet the MIL-PRF19500/746 standard, providing enhanced performance suitable for high-reliability applications in harsh space environments [3] - The JANSF and JANSR RH power MOSFETs are utilized as primary switching elements in power conversion circuits, including point-of-load converters and DC-DC converters, offering improved energy efficiency and reduced heat generation [4] Market Position and Offerings - Microchip provides a broad portfolio of high-reliability solutions for aerospace and defense, including Radiation-Tolerant and Radiation-Hardened MCUs, FPGAs, and power devices [5] - The company offers Spice Models for JANS MOSFETs to assist in software simulation and design optimization [6] Availability - The JANSF and JANSR devices are available in limited sampling upon request, with further information accessible through Microchip sales representatives [7]