Microchip Technology Inc
MCHP: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >pb | LOCK|<B& | LOCK|hGd##> |
Microchip Earnings: Strong September Forecast as Chip Demand Roars Back; Maintain $80 FVE
Microchip Technology reported fiscal first-quarter revenue of $1.485 billion, up 38% year over year and above the high end of guidance. Microchip expects September-quarter revenue of $1.6035 billion, which would be up 41% year over year and ahead of FactSet consensus estimates.
