Microchip Technology Inc
MCHP: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$16.00 | Wvkx | Bgygyqbbqf |
Microchip Earnings: Cutting Fair Value to $81 From $90 as the Industrial Downturn Remains Stubborn
Wide-moat Microchip Technology reported decent results for the June quarter but provided investors with a lackluster forecast for the September quarter, as the previously anticipated recovery in industrial chip demand isn’t taking hold just yet.