{"filings":[{"id":778357,"accession_number":"0000827054-26-000020","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2026-06-01T20:18:43+00:00","items":["5.02"],"status":"ready","headline":"Microchip appoints former SVP Mitch Little to board, effective June 1, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mitch Little, former SVP Worldwide Client Engagement, appointed to Microchip Board effective June 1, 2026.","Mr. Little is deemed independent under Nasdaq rules; no committee assignment.","No arrangements or transactions requiring disclosure; will receive standard non-employee director compensation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99098,"accession_number":"0000827054-26-000012","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Microchip Q4 net sales $1.311B beat guidance; Non-GAAP EPS $0.57 vs $0.48-$0.52 guide","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $1.311B up 35.1% YoY and 10.6% sequentially, above $1.260B guidance midpoint.","GAAP EPS $0.21 diluted (guide $0.08-$0.12); Non-GAAP EPS $0.57 (guide $0.48-$0.52).","June quarter guidance: net sales $1.442B-$1.469B midpoint (+35.3% YoY); Non-GAAP EPS $0.67-$0.71.","Inventory reduced $22.3M in Q4; days of inventory 185 from 201; distributor inventory at 26 days near low end.","FY2026 net sales $4.713B up 7.1% YoY; returned $984M to shareholders via dividends."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114912,"accession_number":"0001193125-26-046713","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2026-02-11T23:59:59+00:00","items":["1.01","2.03","3.02","8.01","9.01"],"status":"ready","headline":"Microchip issues $800M 0% convertible notes due 2030; proceeds to repay commercial paper","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $800M 0% convertible senior notes due 2030 (upsized from $600M) with initial conversion price ~$104.17/share, a 40% premium to $74.41 close.","Net proceeds ~$883.3M after discounts; used ~$68M to enter capped call transactions with cap price $148.82/share.","Remaining net proceeds used to repay notes outstanding under Microchip's commercial paper program.","Initial purchasers exercised full $100M greenshoe option on Feb 10, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114911,"accession_number":"0000827054-26-000008","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Microchip Q3 FY2026 beats: net sales $1.186B, non-GAAP EPS $0.44; guides Q4 net sales $1.26B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $0.06, non-GAAP EPS $0.44; net sales $1.186B (+15.6% YoY), above guidance of $1.185B.","Non-GAAP gross margin rose to 60.5% (from 52% in Mar Q); operating margin 28.5%.","March quarter net sales guidance midpoint $1.260B (+6.2% seq, +29.8% YoY).","Returned $246.1M to shareholders via dividends; declared $0.455 per share.","Management expects further gross margin expansion toward long-term target of 65%."],"consensus_eps_estimate":null,"consensus_eps_actual":0.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":3401900000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114910,"accession_number":"0000827054-26-000002","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2026-01-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Microchip expects Q3 net sales ~$1,185M, above prior guidance of $1,109-1,149M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Expected net sales about $1,185M for Q3 FY2026 ended Dec 31, 2025, above original guidance of $1,109-1,149M.","CEO cites broad-based recovery, strong bookings, and progress on nine-point recovery plan.","Internal inventory reduced; ramping factories in March quarter to lower under-utilization charges.","March quarter starting backlog much better than December quarter, indicating continued recovery.","Full Q3 fiscal 2026 results to be announced on Feb 5, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":0.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":3401900000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131300,"accession_number":"0000827054-25-000182","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2025-11-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Microchip Q2 FY2026 rev $1.14B (+6% QoQ); GAAP EPS $0.03, non-GAAP $0.35; guides Q3 ~$1.129B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $1.140B (up 6% QoQ, down 2% YoY) beat guidance midpoint; GAAP EPS $0.03 vs guided loss; non-GAAP EPS $0.35 in range.","Book-to-bill 1.06; bookings up 10% QoQ; customer expedite requests increased significantly indicating inventory normalization.","Quarterly dividend $0.455/share declared; returned $245.8M to stockholders in Q2.","Introduced industry's first 3nm PCIe Gen 6 switch for AI and enterprise data center connectivity.","Guides Q3 net sales $1.129B +/- $20M; typical December seasonality but encouraging leading indicators."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":2215900000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147881,"accession_number":"0000827054-25-000160","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2025-08-20T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Microchip Technology shareholders reject advisory vote on executive compensation at 2025 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Say-on-pay not approved: 205.8M for, 245.1M against, 32.6M broker non-votes.","All six director nominees elected (e.g., Steve Sanghi 414.4M for, 36.7M against).","Ratification of Ernst & Young as auditor for FY2026 approved (456.8M for, 26.8M against).","Total shares voted at meeting: about 484M of outstanding (excluding broker non-votes on director elections)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.15,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147880,"accession_number":"0000827054-25-000132","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Microchip beats Q1 guidance; revenue $1.0755B, non-GAAP EPS $0.27 vs. $0.22-$0.26 range","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $1.0755B, +10.8% sequentially, above revised guidance midpoint of $1.0575B.","GAAP net loss $46.4M ($0.09 loss per diluted share); Non-GAAP net income $154.7M ($0.27 diluted EPS).","September quarter guidance: net sales $1.13B ± $20M (5.1% sequential growth at midpoint).","Inventory reduced $124.4M; distribution inventory days down 4 to 29; balance sheet days 214.","Declared quarterly dividend of $0.455 per common share for September quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":1075500000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166598,"accession_number":"0000827054-25-000061","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Microchip Q4 revenue $970.5M beats midpoint; guides June Q $1.02-1.07B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $970.5M, down 5.4% seq & 26.8% YoY; GAAP loss $0.29/sh; Non-GAAP EPS $0.11 (guidance $0.05-0.15).","FY2025 net sales $4.40B, down 42.3% YoY; Non-GAAP EPS $1.31.","Book-to-bill turned positive for first time in ~3 years; April bookings exceeded any Q4 month.","June quarter guidance: net sales $1.02-$1.07B, signaling sequential growth.","Reduced total net debt ~$1.30B with mandatory convertible preferred; quarterly dividend $0.455/sh."],"consensus_eps_estimate":0.4201,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":4401600000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166597,"accession_number":"0000827054-25-000057","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2025-05-02T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Microchip Technology appoints TSMC SVP Rick Cassidy to board, effective May 2, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Rick Cassidy is Senior Vice President of Corporate Strategy Development at TSMC and Chairman of TSMC Arizona.","Board size increased from 6 to 7 directors to accommodate the new seat.","Cassidy will receive standard non-employee director compensation; no committee assignments yet.","No arrangements or transactions requiring disclosure under Item 404(a) of Regulation S-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184020,"accession_number":"0001193125-25-062534","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2025-03-25T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Microchip Technology enters $2.25B revolving credit facility through 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Facility size $2.25B with $250M foreign currency sublimit; no loans outstanding at closing.","Matures March 25, 2030; interest based on SOFR/EURIBOR + 0.875%–1.50% or base rate + 0.00%–0.50% depending on credit ratings.","Commitment fee 0.075%–0.20% per annum on undrawn amounts.","Financial covenants: maximum total leverage and minimum interest coverage ratios.","Amends and restates existing credit agreement; aggregate commitments reduced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184019,"accession_number":"0001193125-25-062515","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2025-03-25T23:59:59+00:00","items":["1.01","3.03","5.03","9.01"],"status":"ready","headline":"Microchip issues 27M depositary shares of 7.5% mandatory convertible preferred stock","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 27M depositary shares (each 1/20 interest in 7.5% Series A Mand Conv Pref); over-allotment 2.7M exercised in full.","Preferred stock liquidation preference $1,000/share, 7.5% annual dividend payable quarterly starting June 15, 2025.","Mandatory conversion March 15, 2028 into 16.0060–19.6080 common shares per preferred share, subject to anti-dilution.","Entered capped call transactions with RBC, BNP Paribas, Truist, BMO, TD to offset dilution; cap price $71.40 per share.","Certificate of Designations restricts common dividends and share repurchases unless preferred dividends paid in full."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184018,"accession_number":"0000827054-25-000037","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2025-03-03T23:59:59+00:00","items":["2.05"],"status":"ready","headline":"Microchip Technology announces restructuring: ~2,000 job cuts, Fab 2 closure accelerated to May 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Headcount reduction of approximately 2,000 employees across Fab 4, Fab 5, Philippines, and business units.","Fab 2 (Tempe) closure now expected in May 2025, several months earlier than previously planned.","Estimated restructuring costs of $30–40 million for severance and related expenses.","Annual operating expense reduction of $90–100 million expected once fully implemented.","Expected $45 million charge for cancellation or modification of long-term wafer supply agreements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184017,"accession_number":"0000827054-25-000033","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2025-02-24T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Microchip board member Robert A. Rango retires effective Feb 19, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Robert A. Rango retired from Microchip's Board of Directors on February 19, 2025.","The Company expressed appreciation for Mr. Rango's contributions.","No successor has been named at this time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184016,"accession_number":"0000827054-25-000018","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2025-02-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Microchip Q3 revenue $1.026B, down 41.9% YoY; GAAP net loss $0.10/share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $1.026B, down 11.8% sequentially and 41.9% from Q3 FY24; slightly above updated guidance of $1.025B.","GAAP net loss $53.6M ($0.10 diluted loss); non-GAAP net income $107.3M ($0.20 diluted).","Non-GAAP operating margin 20.5% ($210.7M); gross margin 55.4% (GAAP 54.7%).","Quarterly dividend raised to $0.455/share, a 1.1% YoY increase; $244.6M returned to stockholders in Dec quarter.","Guidance from Dec 2 had projected non-GAAP EPS of $0.25; actual non-GAAP EPS of $0.20 missed."],"consensus_eps_estimate":0.3412,"consensus_eps_actual":0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":3431100000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184015,"accession_number":"0000827054-25-000013","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Microchip appoints former AMD president Victor Peng to board effective Feb 10, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Victor Peng, former president of AMD, appointed to Microchip's board effective February 10, 2025.","Peng has not yet been appointed to any board committee.","No arrangement or understanding exists with any person regarding Peng's appointment.","Peng will receive standard non-employee director compensation as described in July 2024 proxy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200620,"accession_number":"0001193125-24-279589","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2024-12-16T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Microchip issues $2B in senior notes to refinance existing debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $1B of 4.900% Senior Notes due 2028 and $1B of 5.050% Senior Notes due 2030.","Net proceeds of ~$1.992B to repay senior term loan facility and commercial paper.","Notes priced at 99.645% (2028) and 99.572% (2030) of par, with public offering prices of 99.895% and 99.922%, respectively.","Interest payable semi-annually; first payments on March 15, 2025 (2028) and February 15, 2025 (2030).","Guaranteed by subsidiary guarantors; subject to change-of-control repurchase at 101%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200619,"accession_number":"0000827054-24-000225","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2024-12-02T23:59:59+00:00","items":["2.05"],"status":"ready","headline":"Microchip to close Tempe Fab 2, affecting ~500 employees; expects $90M annual savings","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Fab 2 (8-inch wafer facility) shutdown planned by September 2025 quarter; products move to Oregon/Colorado fabs.","Expected annual cash savings of ~$90M post-shutdown, starting June 2026 quarter due to high inventory FIFO basis.","Restructuring costs estimated $3M-$8M near-term, with potential additional costs up to $15M.","Approximately 500 employees affected; inventory levels expected to moderate from March 2025 quarter.","Possible accelerated depreciation or impairment charges; not yet determined."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200618,"accession_number":"0000827054-24-000221","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2024-11-20T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Microchip CEO Moorthy retires; former CEO Sanghi returns as interim; board reduced to 6","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Ganesh Moorthy retired as CEO/President and from the Board effective November 18, 2024.","Steve Sanghi (former CEO and current Board Chair) elected interim CEO and President.","Board size reduced from 7 to 6 directors following Moorthy's retirement.","Sanghi's base salary set at $957,443; MICP target 200% of base; salary reduced 20% under company program.","Moorthy receives 12 months salary/benefits and continued RSU vesting for 12 months."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200617,"accession_number":"0001193125-24-254346","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Microchip relaxes max total leverage ratio covenant to 4.75x for five quarters starting Dec 2024","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Max total leverage ratio amended to 4.75:1.00 for fiscal quarters ending Dec 2024 through Dec 2025; prior covenant was 3.50:1.00.","The 3.50:1.00 threshold still applies for incurrence tests on additional debt, investments, and restricted payments under the credit agreement.","Amendment dated Nov 8, 2024; involves JPMorgan Chase as administrative agent and multiple lenders including Wells Fargo, BofA, BMO.","No event of default occurred; all representations and warranties reaffirmed as of the amendment effective date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200616,"accession_number":"0000827054-24-000205","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Microchip Q2 FY2025 net sales $1.164B, down 48.4% YoY; EPS $0.14 GAAP, $0.46 non-GAAP","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $1.164B, down 6.2% sequentially and 48.4% YoY; GAAP EPS $0.14, non-GAAP EPS $0.46, both within guidance range.","GAAP gross margin 57.4%, non-GAAP 59.5%; a $13.3M legal settlement added $0.02 to EPS.","Returned $261M to shareholders: $243.7M dividends and $17.3M share repurchases (0.2M shares at avg $76.86).","Quarterly dividend raised 3.6% to a record 45.5 cents per share."],"consensus_eps_estimate":0.2415,"consensus_eps_actual":0.38,"consensus_revenue_estimate":null,"consensus_revenue_actual":2405100000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216629,"accession_number":"0000827054-24-000181","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2024-09-04T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Microchip Technology provides update on Aug. 20 cyber incident; systems restored, employee data accessed","summary_kind":"llm","event_type":"cyber","confidence":"high","bullets":["Unauthorized party disrupted servers; operations substantially restored, customer orders processing for over a week.","Accessed employee contact info and some encrypted/hashed passwords; no customer/supplier data identified.","Unauthorized party claims to have posted certain data; company investigating with outside experts.","Company does not believe incident is reasonably likely to materially impact financial condition or results.","Notified employees, law enforcement, and regulators; investigation ongoing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216628,"accession_number":"0000827054-24-000168","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2024-08-22T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Shareholders approve 8M share increase in equity plan; all directors elected","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Amendment to 2004 Equity Incentive Plan approved with 432.8M votes for, adding 8,000,000 shares to authorized pool.","All eight director nominees elected; votes ranged from 376.9M (Rapp) to 447.8M (Barker).","Advisory say-on-pay passed with 421.8M votes for; shareholder proposal on international-law diligence rejected (74.2M for).","Ratification of Ernst & Young as auditor for FY2025 approved with 471.1M votes for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216627,"accession_number":"0000827054-24-000153","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2024-08-20T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Microchip Technology: unauthorized IT disruption; manufacturing at reduced levels","summary_kind":"llm","event_type":"cyber","confidence":"high","bullets":["Detected suspicious IT activity on Aug 17; confirmed unauthorized party disrupted servers and business operations on Aug 19.","Manufacturing facilities operating at less than normal levels; order fulfillment impacted.","Investigation ongoing with external cybersecurity advisors; full scope and financial impact not yet determined.","Company isolated affected systems and shut down certain systems to contain the incident."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216626,"accession_number":"0000827054-24-000138","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2024-08-01T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"Microchip Q1 sales down 45.8% YoY; Executive Chair retires as officer; dividend up 10.7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $1.241B, down 6.4% sequentially and 45.8% YoY, within guidance midpoint.","GAAP net income $129.3M ($0.24 diluted EPS); Non-GAAP $289.9M ($0.53 diluted EPS).","Quarterly dividend increased to $0.454/share, up 10.7% YoY, a record quarterly dividend.","Steve Sanghi retiring as officer/employee effective Aug 20, 2024, remaining as board chair.","Returned $315.3M to stockholders via dividends and share repurchases in the June quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":0.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":1241300000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236300,"accession_number":"0001193125-24-151726","cik":827054,"company_name":"MICROCHIP TECHNOLOGY INC","ticker":"MCHP","form_type":"8-K","filed_at":"2024-05-31T23:59:59+00:00","items":["1.01","2.03","3.02","8.01","9.01"],"status":"ready","headline":"Microchip issues $1.1B 0.75% convertible notes due 2030; $150M greenshoe exercised","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Total offering $1.25B ($1.1B initial + $150M additional notes), net proceeds ~$1.23B after discounts and expenses.","Notes bear 0.75% interest, mature June 1, 2030; conversion price ~$121.84/share (27.5% premium over $95.56 close).","Company entered capped call transactions to reduce dilution, cap price initially $167.23/share.","Proceeds used: ~$105M for capped calls; remainder to repay commercial paper debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":52500374442.4003,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}