Microchip Technology c. (HP)_ Global miconductor nference — Key keaways

30 May 2024 | 9:45PM EDT 17% of total revenue). Organically, the Total System Solution approach continues to be at the core of the company's strategy, while management also remains open to tuck-in deals as evidenced by the recent acquisition of Neuronix AI Labs. Management expects pricing to return to more historical patterns (i.e. flat to slightly down) over the medium- to long-term, but does not expect absolute pricing to revert to pre-pandemic levels given elevated depreciation costs across the industry. ...