Microchip Technology (MCHP) Stock News

Microchip Technology (Nasdaq: MCHP) has enhanced its TrustMANAGER platform with new security features to support compliance with the European Cyber Resilience Act (CRA). The platform now includes secure code signing, Firmware Over-the-Air (FOTA) update delivery, and remote management of firmware images, cryptographic keys, and digital certificates.

The enhanced ECC608 TrustMANAGER, powered by Kudelski IoT's keySTREAM SaaS, provides secure authentication and helps manufacturers comply with evolving cybersecurity regulations. Additionally, the WINCS02PC Wi-Fi network controller module in the TrustMANAGER development kit is now certified for the Radio Equipment Directive (RED), which becomes mandatory for EU wireless devices on August 1, 2025.

Microchip Technology (MCHP) has introduced two new Digital Signal Controller families - dsPIC33AK512MPS512 and dsPIC33AK512MC510 - to enhance power conversion efficiency and control capabilities. The dsPIC33AK512MPS family features industry-leading 78 ps high-resolution PWMs and 40 Msps ADCs, specifically designed for AI server power supplies and data centers. Key features include up to 512 KB Flash, 200 MHz core speed, integrated security features, and compliance with ISO 26262 and IEC 61508 safety standards. The controllers support SiC and GaN-based DC-DC converters, offering enhanced efficiency for power conversion applications. The dsPIC33AK512MC family provides cost-optimized solutions for multi-motor control with 1.25 ns PWM resolution. Both families include double precision floating-point units and are supported by MPLAB Machine Learning Development Suite. Pricing starts at $1.50 per unit in volume.

Microchip Technology (MCHP) announced its participation in the Mizuho 2025 Technology Conference, scheduled for June 10, 2025, at 9:45 a.m. Eastern Time. Chief Operating Officer Richard Simoncic and Head of Investor Relations Sajid Daudi will represent the company. The presentation will be available via live webcast on Microchip's website. The company serves approximately 112,000 customers across industrial, automotive, consumer, aerospace and defense, communications, and computing markets. Headquartered in Chandler, Arizona, Microchip specializes in providing smart, connected, and secure embedded control solutions, along with easy-to-use development tools and comprehensive product portfolio.

Microchip Technology (NASDAQ:MCHP) announced its participation in the Bank of America 2025 Global Technology Conference, scheduled for June 4, 2025, at 9:20 a.m. Pacific Time. Eric Bjornholt, Senior VP and CFO, will represent the company. The presentation will be accessible via live webcast on Microchip's website. The company also issued a correction to its May 29 press release, clarifying that the conference date is June 4 (not June 3) and that the low end of its prior guidance range was $1.02 billion (not $1.025 billion). Microchip Technology serves approximately 112,000 customers across industrial, automotive, consumer, aerospace and defense, communications, and computing markets from its headquarters in Chandler, Arizona.

Microchip Technology (MCHP) has raised its financial guidance for Q1 FY2026. The company now expects consolidated net sales between $1.045-1.070 billion, up from the previous guidance of $1.025-1.070 billion. The GAAP loss per share forecast improved to $(0.11)-$(0.07) from $(0.15)-$(0.07), while non-GAAP EPS guidance increased to $0.22-$0.26 from $0.18-$0.26. CEO Steve Sanghi noted that business performance is exceeding expectations, with May bookings tracking to be the highest in two years. The company is gaining confidence in its business recovery through strategic initiatives, inventory reduction, and progress toward its long-term business model.

Microchip Technology (NASDAQ:MCHP) announced its participation in the TD Cowen 53rd Annual Global Technology, Media, and Communications Conference on May 28, 2025. The company's presentation will be delivered by Chief Operating Officer Richard Simoncic and CFO Eric Bjornholt at 10:50 a.m. Eastern Time.

Microchip Technology, headquartered in Chandler, Arizona, is a leading provider of smart, connected, and secure embedded control solutions. The company serves approximately 112,000 customers across industrial, automotive, consumer, aerospace and defense, communications, and computing markets. A live webcast of the presentation will be available on the company's website.

Microchip Technology (MCHP) has launched PolarFire Core FPGAs and SoCs, offering up to 30% cost reduction compared to classic PolarFire families. These new devices maintain the same low-power efficiency, security, and reliability while removing integrated transceivers to optimize costs. The Core devices feature Single Event Upset immunity and include a quad-core 64-bit RISC-V microprocessor, targeting automotive, industrial automation, medical, communication, defense, and aerospace markets. They are pin-to-pin compatible with full PolarFire FPGAs and supported by Microchip's development tools including Libero SoC Design Suite, SmartHLS compiler, and VectorBlox Accelerator SDK.

Microchip Technology (NASDAQ: MCHP) has unveiled its new MEC175xB embedded controllers featuring post-quantum cryptography capabilities. The controllers are designed to meet the NSA's Commercial National Security Algorithm Suite 2.0 (CNSA 2.0) standards, which require quantum-resistant cryptography implementation within two years. The MEC175xB family includes NIST-approved post-quantum cryptographic algorithms implemented in immutable hardware, secure boot solutions, and an enhanced Serial Peripheral Interface. Powered by an Arm Cortex-M4F processor running at 96 MHz, the controllers feature 480 KB of SRAM and various connectivity options. The product incorporates ML-DSA, LMS verification, and ML-KEM algorithms for quantum attack resistance, making it suitable for data centers and computing markets requiring enhanced security measures.

Microchip Technology (MCHP) has opened registration for its 25th annual MASTERs Conference, scheduled for August 4-7, 2025, at the Fairmont Scottsdale Princess in Arizona. The premier technical training event will feature over 80 technical sessions covering topics like AI/ML, MCUs/MPUs, FPGAs, and security. The conference includes an "Ask the Experts" area with 30+ instructor-led demos and a keynote address by CEO Steve Sanghi.

Early registration pricing is $2,183 until May 31, 2025, increasing to $2,425 afterward. The all-inclusive package covers training, materials, three nights' accommodation, meals, and evening entertainment. Registration deadline is July 14, 2025.