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Stock impact report

Hot Picks: Semiconductor stocks could be set for a sharp rebound [BNN Bloomberg (Canada)]

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: BNN Bloomberg
BNN Bloomberg spoke with Christopher Danely, managing director and semiconductor lead analyst at Citi, about why microcontrollers and analog chips could outperform as demand normalizes and AI-related growth remains resilient. Key Takeaways The semiconductor sector may be entering a recovery phase after margins and shipments fell sharply during the recent downturn. Microcontroller and analog chips are positioned for outsized earnings growth as customers restock and utilization improves. Margin recovery could be significant, with some chipmakers expected to regain 10 to 15 percentage points in gross margins. Industrial and automotive demand remain central drivers for non-AI semiconductor growth. AI-related custom chip demand continues to support earnings growth alongside a broader cyclical rebound. Read the full transcript below: ANDREW: Hot picks today are in semiconductors, and our guest has Microchip Technology as his top idea. We're joined by Chris Danely, managing Show less Read more
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