Microchip Technology plans to furlough employees at its Gresham factory for two weeks in March, and possibly again in June, amid an unexpectedly steep drop-off in sales. Workers got the news this week ...

Microchip Technology, which has faced headwinds in the market for its computer chips this year, plans to close down its Valley factory in 2025 to reduce costs, affecting hundreds of workers. Microchip ...

GRESHAM, Ore. — Semiconductor maker Microchip Technology has abruptly stopped pursuing a $162 million federal CHIPS Act grant, $72 million of which was intended to fund a major expansion of the ...

Microchip Technology said Monday that it will close its factory in Tempe, Arizona, and lay off 500 next year amid depressed sales. Microchip said the closure will eventually save it $90 million a year ...

Microchip Technology’s Nine-Point Recovery Plan is driving operational discipline, inventory reduction, and cost control. See ...

WASHINGTON (AP) — The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips — the second funding announcement tied to a 2022 law ...