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Microchip Technology Incorporated (NASDAQ:MCHP) Q3 2026 Earnings Call Transcript
Microchip Technology Incorporated (MCHP) reported strong Q3 2026 earnings, beating expectations with an EPS of $0.44. The company experienced higher-than-seasonal sequential growth in net sales, primarily driven by strong performance in networking data center, FPGA, and licensing business units, despite flat performance in microcontroller and analog segments. MCHP is optimistic about future growth, with rising backlog and strong bookings, and is proactively addressing debt reduction while continuing strategic investments in R&D and talent.