Austin, June 30, 2025 (GLOBE NEWSWIRE) -- VORAGO Technologies, a leader in radiation-hardened semiconductor solutions for space, defense, and industrial markets, today announced a formal collaboration with Sidus Space, an innovative space and defense technology company, to validate and advance VORAGO's next-generation microcontroller technology through their Alpha Customer Program. This announcement marks a significant milestone for both organizations. VORAGO Technologies has a long-standing reputation for ...

Microchip (MCHP) 2025 Conference June 10, 2025 09:45 AM ET Speaker0 Okay. Good morning, everybody. Thank you for joining us at the Mizuho Tech Conference today. I'm Vijay Rakesh, senior semis analyst for Mizuho. Joining me today is Richard Simonsik, chief operating officer at at Microchip. Just to give a little background, Richard joined Microchip in 1989, became COO in April of twenty twenty four. Mister Simon Sikh oversees Microchip's worldwide operations and is leading the company's AI related efforts. H ...

GLOBALFOUNDRIES (GFS) 2025 Conference June 03, 2025 02:20 PM ET Speaker0 Good morning, everyone. Welcome to this session. I'm Vivek Arya from BofA's semiconductor and semi cap equipment team. I'm really happy that you could join us for the session and really excited to introduce the team from GlobalFoundries, Tim Green, CEO and Sam Franklin, the Senior Vice President of Finance, Operations and Investor Relations. And as usual, I'll go through a quick fireside format, my questions. But if you have anything y ...

Wall Street recorded a historically strong May with the S&P 500 posting its best May performance since 1990, rising over 6% in the month, its biggest monthly gain since November 2023. The rally defied the traditional "Sell in May and Go Away" adage, driven by easing trade tensions, robust corporate earnings, and renewed investor optimism (read: 5 Sector ETFs That Beat the Market in May).SPDR S&P 500 ETF Trust (SPY) , the proxy version of the S&P 500 Index, has gained 6.3% over the past month. While many sto ...

Microchip (MCHP) FY Conference May 14, 2025 03:00 PM ET Speaker0 Alright. Let's go ahead and get started. Good afternoon. Welcome to JPMorgan's fifty third Annual Technology, Media, and Communications Conference. My name is Harlan Sur. I'm the semiconductor and semiconductor capital equipment analyst for the firm. Very pleased to have Eric Bjornholt, chief financial officer of Microchip, here with us today. Microchip, top five microcontroller supplier globally, number three market share in industrial market ...

GLOBALFOUNDRIES (GFS) FY Conference May 13, 2025 11:30 AM ET Speaker0 All right. Good morning and welcome to JPMorgan's fifty third Annual Technology Media and Communications Conference. Again, my name is Harlan Sur. I'm the semiconductor and semiconductor capital equipment analyst for the firm. Very pleased to have John Hollister, Chief Financial Officer at GlobalFoundries. For those of you that don't know, GlobalFoundries, third or fourth largest semiconductor foundry in the world, leader in specialty and ...

Summary of NXP Semiconductors (NXPI) FY Conference Call Company Overview - **Company**: NXP Semiconductors (NXPI) - **Event**: FY Conference Call on May 13, 2025 - **Key Speakers**: Kurt Sievers (CEO), Rafael Sotomayor (President), Bill Betz (CFO), Jeff Palmer (SVP of Investor Relations) [2][3] Core Points and Arguments Company Transformation and Leadership Transition - Kurt Sievers reflected on his 30-year career, noting that since the IPO in 2010, NXP has tripled its revenue and more than doubled its operating margin, now solidly above 30% [5] - The company has focused on financial discipline and strategic portfolio management, particularly in edge computing for automotive and industrial sectors [6] - Rafael Sotomayor will succeed Kurt Sievers as CEO in October 2025, with a seamless transition planned [9] Market Recovery and Demand Trends - NXP is experiencing early signs of cyclical recovery after a downturn that began in 2022, with increased orders and a higher backlog from distribution customers [14][15] - The company is cautious about interpreting demand increases as purely cyclical, noting uncertainties related to tariffs and inventory management [19][23] Tariff and Manufacturing Strategy - Current tariffs have not materially impacted NXP's P&L, but there is uncertainty regarding their effects on customers [17][18] - NXP's hybrid manufacturing strategy focuses on consolidating 200mm fabs while expanding into 300mm manufacturing, which is expected to generate $4 billion in annual revenue and improve gross margins by 200 basis points [24][25] China Market Strategy - NXP's "China for China" strategy aims to increase local manufacturing and R&D investment in response to the growing importance of the Chinese market in automotive and industrial sectors [27][28] - Approximately 17-18% of NXP's total revenue is linked to China, with a third of that already manufactured locally [30][32] System-Level Solutions and Market Position - NXP is shifting towards providing system-level solutions in industrial and IoT markets, addressing the increasing complexity of customer needs [36][38] - The company has seen significant market share growth in emerging categories like battery energy storage and EV chargers, achieving up to 90% market share in some areas [40][41] Automotive Segment Insights - The automotive segment is projected to be flat year-over-year for the first half of 2025, with growth drivers such as software-defined vehicles and connectivity technologies continuing to gain traction [60][62] - NXP expects significant revenue impacts from its S32 software-defined vehicle platform by 2028, aided by the acquisition of TT Tech, which enhances its system solutions capabilities [67] Additional Important Content - NXP emphasizes the importance of edge AI solutions for industrial and automotive customers, driven by privacy and latency concerns [56][57] - The company is investing in developing its own machine learning processing units (MPUs) to maintain control over its technology and adapt to market shifts towards generative AI [52][54] This summary encapsulates the key points discussed during the NXP Semiconductors FY Conference Call, highlighting the company's strategic direction, market dynamics, and leadership transition.

Microchip Technology (MCHP) reported fourth-quarter fiscal 2025 non-GAAP earnings of 11 cents per share, which beat the Zacks Consensus Estimate by 28.57% and plunged 81.5% year over year.Net sales of $970.5 million decreased 26.8% year over year and beat the Zacks Consensus Estimate by 0.98%. Sequentially, revenues declined 5.4%. The figure was $10.5 million above the midpoint of Microchip’s guidance.Following the impressive fiscal fourth-quarter results, Microchip shares were up more than 13% at the time ...

For the quarter ended March 2025, Microchip Technology (MCHP) reported revenue of $970.5 million, down 26.8% over the same period last year. EPS came in at $0.11, compared to $0.57 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $961.07 million, representing a surprise of +0.98%. The company delivered an EPS surprise of +10.00%, with the consensus EPS estimate being $0.10.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

MUNICH, May 09, 2025 (GLOBE NEWSWIRE) -- Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), based in Munich and a global semiconductor leader in power systems and IoT, today announced that Daniel Gyoery, Senior Director Investor Relations will present at the dbVIC - Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on May 15, 2025. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors. DATE: May 15th TIME: 9:00 EDT / 1 ...