Microchip's data center revenue grew 98% last quarter. Here's why it's guiding to $1 billion for the year

The company built its name on microcontrollers. Its fastest-growing end market is now the data center.

Microchip Technology Announces Financial Results for First Quarter of Fiscal Year 2027

Net sales of $1.485 billion , increased 38.0% from the year-ago quarter and up 13.2% sequentially. The midpoint of our guidance provided on ...
U.S. News & World Report

Microchip Forecasts Quarterly Net Sales Below Estimates as Inventory Clearing Weighs

(Reuters) -Microchip Technology forecast third-quarter net sales below Wall Street estimates on Thursday, indicating tepid demand for its chips as customers in the automotive and industrial markets ...
Reuters

Microchip Tech beats Q1 net sales, profit estimates

Aug 7 (Reuters) - Chipmaker Microchip Technology (MCHP.O), opens new tab beat analysts' estimates for first-quarter net sales and profit on Thursday, helped by customers clearing excess inventory.