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Microchip Technology Inc (MCHP.OQ)

MCHP.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Microchip Technology Says Amended Credit Deal Provides For Revolving Loan Facility Of About $3.8 Bln
Tuesday, 29 May 2018 

May 29 (Reuters) - Microchip Technology Inc ::MICROCHIP TECHNOLOGY - ENTERED INTO AMENDED AND RESTATED CREDIT AGREEMENT TO EXISTING AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF MAY 18, 2018.MICROCHIP TECHNOLOGY - AMENDED AND RESTATED CREDIT AGREEMENT PROVIDES FOR REVOLVING LOAN FACILITY OF ABOUT $3.8 BILLION - SEC FILING.MICROCHIP TECHNOLOGY INC - AMENDED AND RESTATED CREDIT FACILITY PROVIDES FOR A $3.0 BILLION TERM LOAN FACILITY.  Full Article

Microchip Announces Receipt Of Antitrust Clearance In China, Japan, Others For Microsemi Deal
Tuesday, 15 May 2018 

May 15 (Reuters) - Microchip Technology Inc ::MICROCHIP TECHNOLOGY ANNOUNCES RECEIPT OF ANTITRUST CLEARANCE IN CHINA, JAPAN, THE PHILIPPINES, GERMANY AND AUSTRIA FOR ITS ACQUISITION OF MICROSEMI.MICROCHIP TECHNOLOGY - ANTICIPATES THAT MICROSEMI MERGER WILL BE COMPLETED IN LATE MAY/EARLY JUNE.MICROCHIP TECHNOLOGY - MICROSEMI DEAL CLOSE REMAINS SUBJECT TO CERTAIN OTHER CLOSING CONDITIONS, INCLUDING APPROVAL BY TAIWAN FAIR TRADE COMMISSION.  Full Article

Microchip Technology Announces Mofcom Review Of Its Acquisition Of Microsemi Under Simplified Procedure
Monday, 23 Apr 2018 

April 23 (Reuters) - Microchip Technology Inc ::MICROCHIP TECHNOLOGY ANNOUNCES MOFCOM REVIEW OF ITS ACQUISITION OF MICROSEMI UNDER SIMPLIFIED PROCEDURE.MICROCHIP TECHNOLOGY - ANTICIPATES THAT MICROSEMI DEAL WILL BE COMPLETED IN JUNE 2018.  Full Article

Microchip Technology Announces Receipt Of Antitrust Clearance In U.S. For Its Acquisition Of Microsemi
Friday, 13 Apr 2018 

April 13 (Reuters) - Microchip Technology Inc ::MICROCHIP TECHNOLOGY ANNOUNCES RECEIPT OF ANTITRUST CLEARANCE IN U.S. FOR ITS ACQUISITION OF MICROSEMI.ANTICIPATES THAT MERGER WILL BE COMPLETED IN JUNE 2018.  Full Article

Microchip Technology Reaffirms Financial Guidance For Q3 2018
Wednesday, 29 Nov 2017 

Nov 28 (Reuters) - Microchip Technology Inc ::MICROCHIP TECHNOLOGY REAFFIRMS FINANCIAL GUIDANCE FOR THIRD QUARTER FISCAL 2018.REAFFIRMS Q3 2018 GAAP EARNINGS PER SHARE VIEW $0.73 TO $0.81.Q3 EARNINGS PER SHARE VIEW $1.35, REVENUE VIEW $992.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Microchip Technology posts Q2 earnings per share $1.41
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Microchip Technology Inc :Microchip Technology announces record net sales and earnings for second quarter of fiscal year 2018.Q2 non-GAAP earnings per share $1.41 from continuing operations.Q2 GAAP earnings per share $0.77 from continuing operations.Q2 sales $1.012 billion versus I/B/E/S view $1 billion.Q2 earnings per share view $1.35 -- Thomson Reuters I/B/E/S.Q2 earnings per share $1.41.Microchip Technology Inc sees Q3 GAAP ‍net sales $971.7 million to $1,012.1 million​.Microchip Technology Inc sees Q3 GAAP ‍earnings per diluted share 73 cents to 81 cents​.Microchip Technology Inc sees Q3 non-GAAP ‍earnings per diluted share $1.30 to $1.40​.Q3 earnings per share view $1.30, revenue view $984.5 million -- Thomson Reuters I/B/E/S.  Full Article

Mie Fujitsu, Microchip's unit to develop automotive platform on 40 nm technology
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Microchip Technology Inc ::Mmie Fujitsu Semiconductor, Co's unit plan to develop automotive platform on 40 nm technology using superflashmemory technology​.  Full Article

Microchip updates guidance for non-GAAP net sales and EPS for Q2 of fiscal 2017
Wednesday, 7 Sep 2016 

Microchip Technology : Sees Q2 non-GAAP net sales up 1 percent to 3 percent with mid-point unchanged at 2 percent and non-GAAP EPS 85 cents to 89 cents per share . Q2 earnings per share view $0.86, revenue view $861.0 million -- Thomson Reuters I/B/E/S . Previously provided guidance for Q2 consolidated non-GAAP net sales to be flat to up 4 percent with a mid-point of up 2 percent . Original Q2 guidance for non-GAAP earning per share was between 83 cents and 91 cents per share . Due to Microchip's recent acquisition of Atmel and related purchase accounting, Microchip is not able to provide GAAP guidance at this time. .Micrel's 6-inch fab in San Jose is on schedule to close in October 2016.  Full Article

Microchip Technology reports Q1 non-GAAP EPS $0.095
Tuesday, 9 Aug 2016 

Microchip Technology Inc : Microchip technology announces record financial results for first quarter fiscal year 2017 . Q1 GAAP loss per share $0.51 from continuing operations . Q1 non-GAAP earnings per share $0.095 . Q1 non-GAAP earnings per share $0.84 from continuing operations . Q1 earnings per share view $0.74 -- Thomson Reuters I/B/E/S . Says increasing accretion target from Atmel from 25 cents to 40 cents for fiscal 2017 . Says expects total net sales in September 2016 quarter including Atmel to be flat to up 4 pct sequentially . Says expects gross margin in September 2016 quarter to be between 55.6 pct and 56.2 pct . Expects operating income from continuing operations in September 2016 quarter to be between 27.7 pct and 29 pct of net sales .Q2 earnings per share view $0.80, revenue view $836.7 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Microchip Technology Inc prices $2 bln note offering

* PRICING OF TWO SERIES OF ITS NOTES IN AN AGGREGATE PRINCIPAL AMOUNT OF $2.0 BILLION IN AN UNREGISTERED OFFERING