Microchip Technology Incorporated revised revenue guidance for the third quarter ended December 31, 2023. Preliminary revenue indication for the December 2023 quarter is to be down sequentially about 22% compared to its guidance of down 15% to 20%, which it provided on November 2, 2023.
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- Microchip Technology Incorporated Revises Revenue Guidance for the Third Quarter Ended December 31, 2023