Microchip projects a loss between $79.4 million and $128.5 million. Loss per share is expected between $0.14 and $0.24. Adjusted loss is expected in the range of $29.3 million to $79.9 million.

Guidance for Non-GAAP Gross Margin: Between 52% and 54% of sales. Guidance for Non-GAAP Operating Profit: Between 11.5% and 16.3% of sales. Guidance for Non-GAAP Diluted EPS: Between $0.05 and $0.15.

CHANDLER, Ariz. (AP) — CHANDLER, Ariz. (AP) — Microchip Technology Inc. (MCHP) on Thursday reported a loss of $53.6 million in its fiscal third quarter. The Chandler, Arizona-based company ...

EPS: -$0.10 in Q3 vs. $0.77 in the same period last year. Excluding items, Microchip Technology Inc. reported adjusted earnings of $107.3 million or $0.20 per share for the period. Analysts ...

CHANDLER, AZ - Microchip Technology Incorporated (NASDAQ:MCHP), currently trading at $53.11 with a market capitalization of $28.5 billion, disclosed its financial outcomes for the third quarter of ...

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You can get in touch with Marni by emailing m.mcfall@newsweek.com. Elon Musk has questioned the microchip claims made by DeepSeek AI, a fast-emerging player in the artificial intelligence pool ...