Metro Phoenix is growing into a major hub for the production of semiconductors, which are used to power all sorts of electronic devices, from cell phones and computers to aircraft and power plants.

Microchip Technology has relied heavily on acquisitions for growth, with minimal organic growth. Learn why MCHP stock is a ...

Microchip Technology Inc. said Monday it intends to shut down its Tempe computer chip factory as it tries to curtail costs amid an anticipated slowdown in sales. In a regulatory filing released ...

Despite recent layoff announcements, economists say Arizona is headed for a sound 2025, but they caution: Trump's policies ...

Sanghi's announcement also comes just days after Microchip lowered its fourth quarter revenue outlook and announced plans to close a plant in Tempe, Arizona next fall to try to cut down on a glut ...

Microchip Technology Incorporated (MCHP), headquartered ... The company also announced plans to close its Tempe, Arizona, wafer fabrication facility (Fab 2) by Q3 2025, targeting $90 million ...

Microchip posted its fiscal second-quarter earnings after the ... targeting the lower end of its prior range ($1.025 billion) ...

But the local industry will take a hit, as Microchip Technology plans to close a chipmaking factory or “fab” in Tempe in an effort to cut inventory, reduce expenses and adjust its ...