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Microchip Technology plans to close a plant in Tempe, Arizona, in the September 2025 quarter, affecting about 500 employees, and lowers its Q3 revenue forecast (Zaheer Kachwala/Reuters)

December 3, 2024

Zaheer Kachwala / Reuters:
Microchip Technology plans to close a plant in Tempe, Arizona, in the September 2025 quarter, affecting about 500 employees, and lowers its Q3 revenue forecast — Microchip Technology (MCHP.O) lowered its third-quarter revenue forecast on Monday and announced the closure of its wafer manufacturing factory …

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Microchip Technology plans to close a plant in Tempe, Arizona, in the September 2025 quarter, affecting about 500 employees, and lowers its Q3 revenue forecast (Zaheer Kachwala/Reuters)

Waste of the Day: Ineligible New Yorkers on Medicaid Cost $20 Billion

‘Unconstitutional’: Man Loses Home Over $600 Debt, But That’s Not the End of the Story

Best Hair Products for Thin Hair and Fine Hair

Princeton University’s Gender and Sexuality Studies to Offer Classes on ‘Erotic Dance,’ Pornography, and Prostitution

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