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Joseph 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Are Bullish on These Technology Stocks: Microchip (MCHP), Pagaya Technologies Ltd (PGY)","url":"https://stock-news.laohu8.com/highlight/detail?id=2516624275","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516624275?lang=en_us&edition=fundamental","pubTime":"2025-03-04 19:00","pubTimestamp":1741086016,"startTime":"0","endTime":"0","summary":"There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Microchip (MCHP – Research Report) and Pagaya Techno...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/analysts-are-bullish-on-these-technology-stocks-microchip-mchp-pagaya-technologies-ltd-pgy?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/analysts-are-bullish-on-these-technology-stocks-microchip-mchp-pagaya-technologies-ltd-pgy?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU1720051108.HKD","LU2087625088.SGD","LU0348723411.USD","LU2357305700.SGD","LU0342679015.USD","LU0353189763.USD","BK4512","BK4605","BK4529","LU0353189680.USD","LU1720051017.SGD","BK4585","LU1548497426.USD","BK4141","MCHP","BK4023","PGY","BK4588","LU1983260115.SGD","BK4604"],"gpt_icon":0},{"id":"2516216706","title":"Evercore ISI Adjusts Price Target on Microchip Technology to $71 From $65, Maintains Outperform Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2516216706","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516216706?lang=en_us&edition=fundamental","pubTime":"2025-03-04 18:40","pubTimestamp":1741084820,"startTime":"0","endTime":"0","summary":"Microchip Technology (MCHP) has an average rating of overweight and mean price target of $66.25, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research 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(10:05 GMT)","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MCHP"],"gpt_icon":0},{"id":"2516721610","title":"Analysts Offer Insights on Technology Companies: Okta (OKTA) and Microchip (MCHP)","url":"https://stock-news.laohu8.com/highlight/detail?id=2516721610","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516721610?lang=en_us&edition=fundamental","pubTime":"2025-03-04 14:30","pubTimestamp":1741069847,"startTime":"0","endTime":"0","summary":"Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Okta (OKTA – Research Report) and Microchip (MCHP 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Giant","url":"https://stock-news.laohu8.com/highlight/detail?id=2516973436","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516973436?lang=en_us&edition=fundamental","pubTime":"2025-03-04 10:15","pubTimestamp":1741054539,"startTime":"0","endTime":"0","summary":"In a report released yesterday, Vijay Rakesh from Mizuho Securities reiterated a Buy rating on Microchip (MCHP – Research Report), with a price tar...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/new-buy-rating-for-microchip-mchp-the-technology-giant-16?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/new-buy-rating-for-microchip-mchp-the-technology-giant-16?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["MCHP"],"gpt_icon":0},{"id":"2516661834","title":"Microchip Technology Inc. Stock Outperforms Competitors Despite Losses On The Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2516661834","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516661834?lang=en_us&edition=fundamental","pubTime":"2025-03-04 05:58","pubTimestamp":1741039080,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Microchip Technology Inc.  slipped 1.55% to $57.95 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index  falling 1.76% to 5,849.72 and Dow Jones Industrial Average  falling 1.48% to 43,191.24.Microchip Technology Inc. closed 42.38% short of its 52-week high of $100.57, which the company achieved on May 24th.The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Advanced Micro Devices Inc.  fell 1.63% to $98.23, Applied Materials Inc.  fell 3.76% to $152.13, and Analog Devices Inc.  fell 0.67% to $228.53.Trading volume  eclipsed its 50-day average volume of 9.7 M.Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wal","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MCHP"],"gpt_icon":0},{"id":"2516666630","title":"Microchip Technology to Present at the Raymond James 46th Annual Investors Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=2516666630","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516666630?lang=en_us&edition=fundamental","pubTime":"2025-03-04 05:15","pubTimestamp":1741036500,"startTime":"0","endTime":"0","summary":"CHANDLER, Ariz., March 03, 2025  -- Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the Raymond James 46th Annual Investors Conference on Wednesday, March 6, 2025 at 9:50 a.m. . Presenting for the Company will be Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer, and Mr. Sajid Daudi, Head of Investor Relations. A live webcast of the presentation will be made available by Raymond James, and can be accessed on the Microchip website at www.microchip.com.Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company's Securities and Exchange Commission filings. Copies of SEC filings can be obtained for free at the SEC's website  or from commercial document retrieval services.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/microchip-technology-present-raymond-james-211500650.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1720051017.SGD","LU0353189763.USD","LU1720051108.HKD","BK4585","LU1548497426.USD","LU2265009873.SGD","BK4529","LU1983260115.SGD","BK4604","LU1804176565.USD","BK4512","BK4127","LU2087625088.SGD","IE00B64PRP62.GBP","BK4605","ISBC","BK4588","MCHP","LU0348723411.USD","LU1363072403.SGD","BK4211","IE00B3QW5Z07.USD","LU0353189680.USD","BK4141","IE00BGHQF748.EUR","LU0971096721.USD","LU2357305700.SGD","RJF","LU0342679015.USD"],"gpt_icon":0},{"id":"2516656364","title":"Microchip's 2,000-Job Bloodbath: Semiconductor Giant Slashes Workforce, Scraps Expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=2516656364","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516656364?lang=en_us&edition=fundamental","pubTime":"2025-03-04 00:47","pubTimestamp":1741020455,"startTime":"0","endTime":"0","summary":"Microchip Technology  is making aggressive moves to cut costs as demand for its chips continues to weaken. The company just announced plans to slash 2,000 jobsroughly 9% of its workforcetargeting its fabs in Oregon and Colorado, along with backend operations in the Philippines. On top of that, it's accelerating the shutdown of its Arizona chip manufacturing plant, now set to close in May, months earlier than expected. These cuts are expected to save Microchip between $90 million and $100 million annually, as it scrambles to manage excess inventory and its fifth straight quarter of revenue declines.Microchip is betting that these cost-cutting measures will help stabilize its business, but the near-term outlook remains rough. Automotive chip demand is still sluggish, and bloated inventory levels aren't helping margins. Investors will be watching closely to see if these moves actually translate into financial reliefor if this is just another painful chapter in a tough semiconductor cycle.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/microchips-2-000-job-bloodbath-164735234.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MCHP","LU0348723411.USD","BK4588","LU2357305700.SGD","LU1548497426.USD","LU1983260115.SGD","BK4512","LU2087625088.SGD","BK4141","BK4529","LU0353189763.USD","LU0353189680.USD","LU1720051017.SGD","BK4585","BK4604","LU1720051108.HKD","LU0342679015.USD","BK4605"],"gpt_icon":0},{"id":"2516597632","title":"Analysts Have Conflicting Sentiments on These Technology Companies: Check Point (CHKP) and Microchip (MCHP)","url":"https://stock-news.laohu8.com/highlight/detail?id=2516597632","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516597632?lang=en_us&edition=fundamental","pubTime":"2025-03-03 22:40","pubTimestamp":1741012810,"startTime":"0","endTime":"0","summary":"Analysts have been eager to weigh in on the Technology sector with new ratings on Check Point (CHKP – Research Report) and Microchip (MCHP – Resear...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/analysts-have-conflicting-sentiments-on-these-technology-companies-check-point-chkp-and-microchip-mchp-2?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/analysts-have-conflicting-sentiments-on-these-technology-companies-check-point-chkp-and-microchip-mchp-2?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4097","MCHP","LU1720051108.HKD","SG9999015978.USD","BK4585","LU1043141123.HKD","BK4141","LU2506951958.HKD","BK4604","LU0353189763.USD","BK4529","LU0348723411.USD","LU0823417737.USD","LU2506951875.HKD","LU0950375773.USD","LU2286300806.USD","LU2087625088.SGD","SG9999015952.SGD","LU2506952170.USD","LU0823417653.USD","LU1983260115.SGD","LU2357305700.SGD","LU2506952097.USD","SG9999015945.SGD","LU1720051017.SGD","LU1548497426.USD","LU1699723380.USD","IE00BN0W2T93.GBP","BK4512","IE00BN0W2V16.EUR","LU0994945656.USD","CHKP","LU0342679015.USD","LU0426412945.USD","LU0353189680.USD","LU0426417589.USD","SG9999015986.USD","BK4605","LU1121112475.USD","LU1043141396.HKD","BK4588","IE00BN0W2W23.USD"],"gpt_icon":0},{"id":"2516634330","title":"Microchip Exec Says - Fiscal 2025 Is a Significantly Larger Down Year - Conf. Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2516634330","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516634330?lang=en_us&edition=fundamental","pubTime":"2025-03-03 22:35","pubTimestamp":1741012508,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250303:nFWN3PM0D8:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU1720051017.SGD","LU0353189680.USD","BK4588","BK4585","LU2087625088.SGD","LU0348723411.USD","BK4512","BK4604","LU1983260115.SGD","LU1720051108.HKD","BK4529","MCHP","LU2357305700.SGD","BK4605","LU0353189763.USD","LU1548497426.USD","LU0342679015.USD","BK4141"],"gpt_icon":0},{"id":"2516646636","title":"Microchip Technology to Lay off Roughly 2,000 Staffers","url":"https://stock-news.laohu8.com/highlight/detail?id=2516646636","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516646636?lang=en_us&edition=fundamental","pubTime":"2025-03-03 21:39","pubTimestamp":1741009164,"startTime":"0","endTime":"0","summary":"Microchip Technology to Lay off Roughly 2,000 Staffers","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0348723411.USD","MCHP","LU0353189763.USD","BK4604","LU0342679015.USD","LU0353189680.USD","LU1720051017.SGD","LU2087625088.SGD","BK4585","BK4141","LU1548497426.USD","BK4588","LU1983260115.SGD","LU2357305700.SGD","LU1720051108.HKD","BK4529","BK4605","BK4512"],"gpt_icon":0},{"id":"2516838635","title":"FACTBOX-US companies announce layoffs to cut costs","url":"https://stock-news.laohu8.com/highlight/detail?id=2516838635","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516838635?lang=en_us&edition=fundamental","pubTime":"2025-03-03 21:12","pubTimestamp":1741007561,"startTime":"0","endTime":"0","summary":"FACTBOX-US companies announce layoffs to cut costsAdds Microchip. March 3  - U.S. companies have initiated layoffs across sectors as they attempt to streamline operations amid economic uncertainties, following similar cutbacks seen last year.The Labor Department's Job Openings and Labor Turnover Survey, or JOLTS report, from early February showed vacancies were down 1.3 million over the year at the end of December, while remaining above the 2019 average, suggesting that the labor market was slowing down but not abruptly.Here are some of the companies that have announced job cuts so far in 2025:Sector Company Layoffs/Job Cuts % of Total Workforce Consumer and Retail. Bio Rad BIO.NUnknown5%* UnitedHealth was offering employees in its benefits operations unit the option to accept buyouts in February, and may pursue layoffs if the resignation quota is not met, according to a CNBC report.  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250303:nL3N3PM0TA:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1127390331.HKD","LU0345770308.USD","SGXZ23171101.USD","BK4507","LU2505996681.GBP","LU2092627202.USD","LU0823434583.USD","LU1244550494.USD","CVX","LU2552382132.HKD","HAL","BK4189","BK4519","KSS","LU0130102774.USD","LYB","LU2491050154.USD","LU0788109477.HKD","SEDG","IE00BN29S564.USD","SG9999001176.SGD","BK4147","MCHP","LU2242650005.HKD","W","LU2028103732.USD","LU2129689605.HKD","LU0868494708.USD","LU1153585028.USD","LU1935043536.SGD","LU1674673691.USD","LU2360032135.SGD","LU1506573853.SGD","LU2602419157.SGD","LU1803068979.SGD","LU1935043023.USD","LU1629891620.HKD","BIO","LU0354030438.USD","LU1732800096.USD","SBUX","ORG.AU","LU2112291526.USD","USAW.SI","LU0158827948.USD","LU0795875086.SGD","ADM"],"gpt_icon":1},{"id":"2516163568","title":"Microchip Technology Slashes More Jobs as Sales Sputter","url":"https://stock-news.laohu8.com/highlight/detail?id=2516163568","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516163568?lang=en_us&edition=fundamental","pubTime":"2025-03-03 20:50","pubTimestamp":1741006200,"startTime":"0","endTime":"0","summary":"Microchip Technology is reducing its workforce across manufacturing and corporate operations by about 2,000 as the embattled chip maker looks to cut costs amid declining sales.The Arizona-based semiconductor company said Monday that the cuts will be at its Fab 4 facility in Gresham, Oregon and its Fab 5 facility in Colorado Springs, Colorado as well as at a facility in the Philippines.On the corporate side, Microchip said it will slash jobs in various business units and support groups.It expects to incur about $30 million to $40 million in severance and benefits costs.The company had already been readjusting its structure. In December, Microchip said it would close its Fab 2 facility in Tempe, Arizona. It expects to shut down those manufacturing operations in May and the facility and equipment will be sold.Microchip expects the latest cuts to save the company about $90 million to $100 million every year once fully implemented.At the time, Chief Executive Steve Sanghi said the company r","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["MCHP"],"gpt_icon":0},{"id":"2516801446","title":"BRIEF-Microchip Technology Announces Additional Restructuring Actions","url":"https://stock-news.laohu8.com/highlight/detail?id=2516801446","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516801446?lang=en_us&edition=fundamental","pubTime":"2025-03-03 20:21","pubTimestamp":1741004518,"startTime":"0","endTime":"0","summary":"BRIEF-Microchip Technology Announces Additional Restructuring ActionsMarch 3 (Reuters) - Microchip Technology MCHP.O:MICROCHIP TECHNOLOGY INC - ANNOUNCES ADDITIONAL RESTRUCTURING ACTIONSMICROCHIP TECH","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250303:nFWN3PM0C9:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4585","MCHP","LU1720051017.SGD","LU0342679015.USD","BK4604","BK4512","LU1983260115.SGD","LU0353189763.USD","BK4529","BK4605","BK4588","BK4141","LU2087625088.SGD","LU1720051108.HKD","LU2357305700.SGD","LU0353189680.USD","LU0348723411.USD","LU1548497426.USD"],"gpt_icon":0}],"pageSize":16,"totalPage":13,"pageCount":2,"totalSize":200}]}}