Microchip Technology, headquartered in Chandler, Arizona, employs 22,300 people and serves 123,000 customers in various markets with semiconductor products and development tools. It operates globally through direct sales and distributors.
MCHP has been in the news recently: Microchip Technology (MCHP) reported better-than-expected earnings for the first quarter, surpassing forecasts. This positive performance comes amidst mixed results from other companies, with Under Armour's stock plummeting 21% due to disappointing earnings.
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