07-August-2026
Corporate News
 
Microchip Tech Forecasts Upbeat Quarterly Revenue on Strong Demand
07-Aug-2026

Microchip Technology forecast second-quarter revenue and profit above Wall Street estimates on Thursday, on strengthening demand for its chips used in AI data centers as well as the industrial, automotive and aerospace sectors.

News Source:- https://money.usnews.com/investing/news/articles/2026-08-06/microchip-tech-forecasts-upbeat-quarterly-revenue-on-strong-demand