Microchip Technology Inc. will close its Tempe semiconductor wafer manufacturing facility in May, several months earlier than expected. The closure will result in the layoff of 330 employees and ...

Microchip Technology has announced plans to lay off workers at its Oregon and Colorado facilities, blaming weak sales and a growing inventory surplus. Job losses announced by Microchip Credit: ...

More than 200 Microchip Technology employees in Colorado Springs will receive pink slips this month, part of the chipmaker's plans to lay off about 2,000 of its workers amid declining demand from ...

Microchip is to lay off 2,000 people representing 9% of its workforce because of weak automotive demand. In December of last year the company said it was closing its Arizona fab in Q3 2025 which would ...

Microchip told investors last week that it has 266 days’ worth of inventory on hand. Its target is 130 to 150 days. The company said it doesn’t believe the market has hit bottom yet.

Microchip’s sales were down 45% through the first nine months of the year, at $3.4 billion. The company recorded a profit of ...

Espressif’s popular ESP32 microchip, found in over a billion devices, has been caught with its digital trousers down, thanks to an undocumented "backdoor" lurking in its Bluetooth firmware.

Microchip Technology detailed plans Monday to lay off 2,000 more workers across the company as it responds to steeply falling sales. The Oregonian/OregonLive reported last week that the Arizona ...

MICROCHIP Technology said on Monday (Mar 3) it will cut around 2,000 jobs, or about 9 per cent of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers.

Microchip Technology said on Monday it will cut around 2,000 jobs, or about 9 per cent of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers.