<p>Microchip Technology Incorporated announced that it expects net sales for its third quarter of fiscal 2026, which ended December 31, 2025, to be approximately $1,185 million. This projection is significantly higher than the original guidance range of $1,109 million to $1,149 million provided in November 2025, and also exceeds the subsequent revised guidance issued in December 2025. The company attributed this strong performance to a broad-based recovery across most end markets, progress in inventory correction, and new customer designs moving into production. Microchip will release its full fiscal third quarter 2026 financial results on February 5, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Microchip Technology Incorporated published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9619513) on January 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)</p>

Microchip Technology Expects Q3 Fiscal 2026 Net Sales of $1.185 Billion