Microchip Technology ( MCHP ) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...

(Reuters) - World's third-largest contract chipmaker, GlobalFoundries ( GFS ) , forecast fourth-quarter revenue above Wall Street estimates on Tuesday, driven by recovering semiconductor demand from smartphone makers, sending shares up nearly 10% in premarket trading. The New York-based company has seen a resurgence in demand from its smart mobile devices segment, offsetting weakness in the Home and Industrial Internet...

Nov 6 (Reuters) - German software developer TeamViewer raised its outlook for adjusted core profit margin for the full year after better-than-expected profitability in the third quarter following a reduced sponsorship deal with British football team Manchester United ( MANU ). TeamViewer posted on Wednesday an adjusted core profit (EBITDA) margin of 48% in the quarter, representing a 2% beat...

Nov 5 (Reuters) - A top Republican lawmaker has accused the Biden administration of not doing enough to prevent China's Semiconductor Manufacturing International Corp (SMIC) from strengthening the country's chipmaking industry and military-industrial complex. Michael McCaul, chair of the House Foreign Affairs Committee, urged U.S. Commerce Department agents to visit SMIC's facilities and check whether the company is illegally producing...