The BOD is thrilled to appoint Victor CEO as the company enters its next chapter of expanded innovation and growth." "I'm honored to have been chosen to lead Xilinx at such a dynamic time in our ...

Wall Street investors have responded to the initial results of the turnaround plan instituted by Microchip Technology's CEO that included job cuts, an Arizona plant closure and inventory reduction.

Microchip Technology MCHP reported fiscal fourth-quarter revenue of $970 million, down 27% year over year but ahead of guidance. June-quarter revenue is expected to be ahead of FactSet consensus ...

CHANDLER, AZ - Microchip Technology Incorporated (NASDAQ:MCHP), a leading provider of microcontroller and analog semiconductors with a market capitalization of $28.12 billion, announced today the ...

CHANDLER, Ariz. - Microchip Technology Incorporated (NASDAQ:MCHP), a key player in embedded control solutions, has announced the appointment of Victor Peng to its Board of Directors. Peng, known for ...

Victor Peng currently works at Xilinx, Inc., as Chief Executive Officer, KLA Corp., as Independent Director from 2019, Microchip Technology, Inc., as Director from 2025, and Advanced Micro Devices ...

Thomas Fuller / SOPA Images / LightRocket via Getty Images Microchip Technology announced it has brought in Macquarie Group to facilitate the sale of its manufacturing facility in Tempe ...

Microchip Technology Inc. will close its Tempe semiconductor wafer manufacturing facility in May, several months earlier than expected. The closure will result in the layoff of 330 employees and ...

Microchip Technology has announced plans to reduce its workforce by approximately 2,000 roles, equating to about nine per cent of its global staff, as part of a strategic restructuring initiative.

Microchip Technology said on Monday it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers. The Chandler ...

Microchip Technology detailed plans Monday to lay off 2,000 more workers across the company as it responds to steeply falling sales. The Oregonian/OregonLive reported last week that the Arizona ...