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Microchip expects Q2 2026 sales of $1.13B as inventory correction drives gross margin recovery
Sanghi provided guidance for the September quarter: "We expect our net sales for the September quarter to be $1.13 billion, plus or minus $20 million. We expect our non-GAAP gross margin to be between ...
Microchip Technology continues inventory clearance, poised for H2 recovery, says analyst. Analyst flags ongoing undershipment at Microchip as strategic for post-clearance growth. The re-rating ...
Guidance for Q3 2025 includes revenue of $3.15 billion, down 3% year-on-year and up 8% sequentially. Sievers stated, "At the midpoint, we expect the following trends in our business during quarter 3.
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