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Microchip Tech forecasts upbeat quarterly revenue on strong demand

📱 Microchip Tech Forecasts Upbeat Quarterly Revenue

Published by OOPSONLINE.IN · Source: Reuters · 1 min read · · Updated

What actually happened

Microchip Technology ​forecast second-quarter revenue and profit above Wall ‌Street estimates on Thursday, on strengthening demand for its chips used in AI data centers as ​well as the industrial, automotive and ​aerospace sectors.

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