Microchip Technology is closing its Tempe, AZ chip factory by Q2 2026 to save $90M annually, affecting 500 workers.

Microchip had temporarily closed the Arizona factory for two weeks earlier in 2024 amid its previous cost-cutting moves ...

Microchip Technology plans to shut down the Tempe manufacturing facility in the September 2025 quarter. TEMPE, Ariz. — Microchip Technology Incorporated announced Monday the company plans to shut down ...

Microchip Technology Inc.’s top executive intends to conduct a comprehensive review of the Chandler-based semiconductor company's operations after it announced plans to close its Tempe chip factory.

Microchip Technology Incorporated (MCHP), headquartered in Chandler, Arizona, with a market cap of $31.8 billion, is a global ...

Microchip Technology Inc., a maker of chips for cars, consumer devices and other products, said it would close a plant in ...

But the local industry will take a hit, as Microchip Technology plans to close a chipmaking factory or “fab” in Tempe in an effort to cut inventory, reduce expenses and adjust its ...

Microchip Tech lowers revenue guidance for Dec. 2024 quarter, announces manufacturing restructuring plans due to high ...

Microchip Technology Inc. said Monday it intends to shut down its Tempe, Arizona computer chip ... stated projection of $1.025 billion. The news sent Microchip's shares lower in after-hours ...

Microchip Technology (MCHP) lowers revenue guidance for December 2024, announces manufacturing restructuring plans.