India should focus on building AI platforms and agents, leveraging existing models, rather than developing new foundational ...

Shares of Microchip Technology fell more than 3% on Wednesday after the chipmaker announced plans to raise capital by ...

Microchip Technology has announced plans to lay off 2,000 employees, about 9% of its global workforce, as part of a restructuring effort, reported Reuters. The said move was majorly triggered by ...

Microchip Technology said on Monday it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers. The company ...

Microchip Technology has announced plans to reduce its workforce by approximately 2,000 roles, equating to about nine per cent of its global staff, as part of a strategic restructuring initiative.

March 3 (Reuters) - Microchip Technology (MCHP.O), opens new tab said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing ...

Microchip Technology will cut 2,000 jobs, about 9% of its workforce, due to slowing demand and plans to close its Arizona factory. The company expects significant cost reductions despite incurring ...