Tag: microchip
Microchip Technology had a strong Q4. What the future holds
After staying resilient to market uncertainties initially, semiconductor companies like Microchip Technology Inc. (NASDAQ: MCHP) are starting to feel the pinch of the slowdown. However, the industrial chipmaker ended the […]
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MCHP Earnings: Microchip Technology Q4 2023 sales and profit increase
Microchip Technology Inc. (NASDAQ: MCHP) has announced financial results for the fourth quarter of 2023, reporting a 21% growth in net sales. Net income for the fourth quarter increased to […]
The post MCHP Earnings: Microchip Technology Q4 2023 sales and profit increase first appeared on AlphaStreet.
As US moves to regain microchip leadership, some say it never left
Over the past two years, microchip shortages highlighted America’s reliance on foreign suppliers, and spurred passage of the CHIPS Act, which earmarks tens of billions of dollars as incentives for chipmakers to build new fabrication plants in the US.
But remaking well-established manufacturing supply chains — notably in Asia — is a Herculean task, and “companies are loathe to do it,” according to Yossi Sheffi, an MIT professor of engineering and director of the school’s center for transportation and logistics.