Microchip Technology plans to furlough employees at its Gresham factory for two weeks in March, and possibly again in June, amid an unexpectedly steep drop-off in sales. Workers got the news this week ...

The Biden administration announced an agreement Thursday to provide $162 million in federal funding to Microchip Technology to expand production of computer chips domestically, the second tranche of ...

Microchip Technology said Monday that it will close its factory in Tempe, Arizona, and lay off 500 next year amid depressed sales. Microchip said the closure will eventually save it $90 million a year ...

Dec 2 (Reuters) - Microchip Technology (MCHP.O), opens new tab lowered its third-quarter revenue forecast on Monday and announced the closure of its wafer manufacturing factory in Arizona, as the ...