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0.000346540371953346 0.000635324015247691 0.0009241076585422 -0.00589118632320671 -0.00710407762504342 -0.00947210350005784 -0.00496707866466451 -0.00219475568903775
Stock impact report

Microchip (MCHP) Bolsters Edge AI With Neuronix Acquisition [Yahoo! Finance]

Microchip Technology Incorporated (MCHP) 
Last microchip technology incorporated earnings: 2/4 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: microchip.com/investors
Company Research Source: Yahoo! Finance
MCHP aims to improve its offerings for field programmable gate arrays (FPGAs) by leveraging Neuronix's neural network sparsity optimization technology, notably its mid-range PolarFire FPGAs and SOCs, renowned for their low-power consumption, reliability and security. The acquisition positions Microchip to build cost-effective, large-scale edge deployments tailored for computer vision applications while addressing constraints in costs, size, and power. The integration of Neuronix AI's intellectual property with Microchips' existing compilers and software design kits promises to simplify the implementation of AI/ML algorithms on customizable FPGA logic without the need for resistor transition level (RTL) FPGA design expertise. Microchip Technology Incorporated Price and Consensus Microchip Technology Incorporated price-consensus-chart | Microchip Technology Incorporated Quote Moreover, the acquisition enables convolutional neural networks (CNNs) updates and upgrades without t Show less Read more
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