Silicon Carbide Market Size Projected to Surge $11.28 Billion Growth by 2033, Exhibit a CAGR of 11.82% [Yahoo! Finance]
Microchip Technology Incorporated (MCHP)
Last microchip technology incorporated earnings: 2/4 04:10 pm
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Source: Yahoo! Finance
The broad adoption of products for fabricating diverse semiconductors and electronic components drives market expansion. Furthermore, as the global energy demand continues to rise and the exploration of unconventional oil and gas reserves increases, the demand for silicon carbide (SiC) is anticipated to escalate throughout the forecast years. Newark, May 09, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 3.69 billion in 2023 global silicon carbide market will reach USD 11.28 billion by 2033. The modernization of power grids and the transition towards smart grid technologies present opportunities for SiC-based power electronics. SiC devices enable higher efficiency, better power quality, and improved grid stability in smart grid applications such as grid-tied inverters, voltage regulators, and energy storage systems. Opportunities exist for SiC manufacturers to collaborate with utilities and grid operators to enhance grid reliability and efficiency. Furthermore,
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MCHP
News
- Global Semiconductor Rectifier Market Report 2024: A $8 Billion Market by 2032, with a Projected CAGR of 6.09% During 2023-2032 [Yahoo! Finance]Yahoo! Finance
- Microchip Adds 12 Products to its Wireless Portfolio that Further Reduce Barriers to Bluetooth® Integration for Designers at Every Skill Level [Yahoo! Finance]Yahoo! Finance
- Microchip Adds 12 Products to its Wireless Portfolio that Further Reduce Barriers to Bluetooth® Integration for Designers at Every Skill LevelGlobeNewswire
- Microchip Technology Announces Pricing of Offering of $1.1 Billion of Convertible Senior Notes [Yahoo! Finance]Yahoo! Finance
- Microchip Technology Announces Pricing of Offering of $1.1 Billion of Convertible Senior NotesGlobeNewswire
MCHP
Earnings
- 5/6/24 - Beat
MCHP
Sec Filings
- 5/31/24 - Form 144
- 5/31/24 - Form 8-K
- 5/24/24 - Form 4
- MCHP's page on the SEC website