Reported 3 days ago
Microchip Technology, a key player in the semiconductor industry, is set to announce its fiscal second-quarter earnings for 2026, with analysts predicting an EPS of $0.27, down from $0.38 a year ago. The company, which designs and manufactures components for various industries, is facing operational challenges and declining revenues but maintains a 'Moderate Buy' rating among analysts, with a projected price target suggesting potential for growth.
Source: YAHOO