In Wednesday trading, Microchip Technology, Inc. shares are currently down about 0.3% on the day.
Microchip Technology is scheduled to report second-quarter earnings after the final bell on November 3.
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Microchip Technology, Inc. shares are currently trading up about 4.3% on the day.
Analysts foresee Microchip Technology (MCHP) announcing decreased profits on Thursday, August 2, 2012, when it reports its first quarter earnings.
Take a look at the way Microchip Technology, a Chandler, Ariz.
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The four that were in the black on an EVA basis in 2009 Altera, Linear Technologies, Microchip Technology and Analog Devices all were semiconductor companies.
Other US banks are reluctant to switch over to microchip technology due to the massive cost of installing new card readers and reissuing millions of new credit cards.
In the latest sign of weak semiconductor demand, Microchip Technology late Thursday warned that results for its fiscal third quarter ending December will fall shy of Street estimates.
Microchip Technology this afternoon warned that revenue for the fiscal third quarter ending in December will be flat to down 7% from FY Q2, due to continued soft macroeconomic conditions.
FORBES: Microchip Sees Soft Dec Qtr On Weak Macro Conditions
Microchip Technology makes highly specialized chips for electronic devices.
Shares of micro-controller manufacturer Microchip Technology are down sharply in late trading after the company warned that sales for its fiscal first quarter ending June 30 will fall short of expectations.
FORBES: Microchip Says June Quarter Missed; Shares Fall After Hours
Citing the warning late yesterday by chip maker Microchip Technology, UBS analysts Uche Orji and Parag Agarwal this morning downgraded shares of not only Microchip, but also Maxim Integrated Products and ON Semiconductor.
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Earnings Flashback and Other Driving Catalysts : On August 2, Microchip Technology Inc. reported fiscal first quarter 2013 adjusted earnings per share (including stock-based compensation) of 43 cents, 2.3% behind the Zacks Consensus Estimate of 44 cents and 15.7% below the year-ago earnings.
Last month, the California Institute of Technology developed a terahertz microchip, raising the possibility the technology could one day be packed into hand-held devices.
To combat this giant gray market--where fakes can easily snake their way into the drug supply--Bond and other drug company executives are hoping to turn to a new technology, called radio frequency identification, or RFID, which pairs a tiny microchip with a small antenna.
Sequencing technology is decreasing in cost and increasing in power at a rate faster than anything since the microchip.
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