Microchip shares tumble as earnings miss Wall Street expectations
Shares of Microchip Technology Inc. tumbled to a 52-week low after the Chandler-based semiconductor company that recently rehired former CEO Steve Sanghi reported financial results that missed Wall Street expectations. Sanghi promises to 'rightsize' the company's operations.
Shares of Microchip Technology Inc. tumbled to a 52-week low after the Chandler-based semiconductor company that recently rehired former CEO Steve Sanghi reported financial results that missed Wall Street expectations. Sanghi promises to 'rightsize' the company's operations. 
