The CHIPS and Science Act, signed into law by President Joe Biden in August 2022, has been in place for over two years. While ...
The chipmaker will pivot production capacity to its Oregon and Colorado facilities as it navigates a demand downturn.
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Steve Sanghi is an Indian-American businessman who was the president and chief executive officer of Microchip Technology has ...
The stock is on track for its worst week in three months after Intel abruptly announced that Pat Gelsinger was leaving and ...
Things were already looking bad for Intel shares this year. But the chipmaker’s sudden ouster of its chief executive officer ...
Apple plans to introduce its eagerly anticipated line of cellular modem chips next year, which will take the place of parts ...
Microchip said Monday it intends to shut down its Tempe computer chip factory as it tries to curtail costs amid an ...
The company was previously set to receive $162 million from the 2022 CHIPS Act, $72 million of which was to be spent on an expansion of its Gresham facility.
Microchip Technology is closing its Tempe, AZ chip factory by Q2 2026 to save $90M annually, affecting 500 workers.
Microchip Technology said Thursday it is shelving a deal for $162 million in federal CHIPS Act subsidies to expand in Oregon and Colorado.
Tech giant Google has said its new AI model family has a curious feature: the ability to "identify" emotions. In another ...