TSMC gets $6.6 billion in chipmaking cash from Biden while pledging to build a third Arizona plant [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
the chipmaking giant promises a $25 billion Arizona expansion that will bring a third TSMC fabrication plant to that state. The deal, the second major US chipmaking grant announcement of the last three weeks, is part of President Joe Biden's effort to restart advanced semiconductor manufacturing in the US. In March Biden said the US would provide up to $8.5 billion in grants in the years ahead to Intel ( INTC ) to support a range of new projects in Arizona, Ohio, New Mexico, and Oregon. The money for both companies is coming from 2022's CHIPs and Science law, a signature accomplishment of Biden's current term. TSMC will use the grants to fund the continued construction of two manufacturing plants already being built in the Phoenix area. The company also announced Monday it would build a third facility there in the years ahead. The goal is for all three plants to be online by the end of the decade and producing TSMC's most advanced chips. Some of the plants even hope to use a
Show less
Read more
Impact Snapshot
Event Time:
MCHP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCHP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCHP alerts
High impacting Microchip Technology Incorporated news events
Weekly update
A roundup of the hottest topics
MCHP
News
- Registration is Now Open for Microchip's 24th Annual Worldwide MASTERs Conference in Scottsdale, Arizona [Yahoo! Finance]Yahoo! Finance
- Registration is Now Open for Microchip’s 24th Annual Worldwide MASTERs Conference in Scottsdale, ArizonaGlobeNewswire
- Microchip (MCHP) to Report Q4 Earnings: What's in the Cards? [Yahoo! Finance]Yahoo! Finance
- Microchip Technology Incorporated (NASDAQ: MCHP) had its price target raised by analysts at Stifel Nicolaus from $98.00 to $102.00. They now have a "buy" rating on the stock.MarketBeat
- Radiation-Tolerant PolarFire® SoC FPGAs Offer Low Power, Zero Configuration Upsets, RISC-V Architecture for Space Applications [Yahoo! Finance]Yahoo! Finance
MCHP
Earnings
- 2/1/24 - Beat
MCHP
Sec Filings
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- MCHP's page on the SEC website