Microchip Technology stock falls 1.28 percent to EUR 69.20

Published on 09/30/2026 at 12:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Microchip Technology stock was at EUR 69.20 at Lang & Schwarz on September 30, 2026, down 1.28 percent from EUR 70.10. Q1 FY2027 revenue was USD 1.485 billion, up 38.00 percent year over year.

Modernes Halbleiterwerk in sonniger Wüstenstadt mit Glasfassade und Palmen — Fotorealistische Ansicht eines Halbleiter-Werksgeländes, symbolisch für Microchip Technology, ISIN US5950171042, moderne Wüstenstadt-Architektur, Illustration mit AI erstellt.

Microchip Technology stock fell 1.28 percent to EUR 69.20 at Lang & Schwarz on September 30, 2026, at 12:30 p.m. CEST, versus the EUR 70.10 prior close. The move came as investors weighed the companys latest edge AI expansion against a semiconductor recovery that produced stronger fiscal Q1 2027 figures.

Hailo adds edge AI capability

Microchip completed its acquisition of Hailo on September 21, 2026, according to GlobeNewswire. Hailo contributes accelerated edge AI processors, vision processors, robotics processors and AI software, while its ecosystem includes more than 100 customers and more than 10,000 developers.

The transaction terms were not disclosed, and Microchip said the acquisition was not expected to have a material impact on financial results. Its strategic value is tied instead to a broader platform for machine vision, robotics, smart cameras and physical AI systems.

Revenue rebound beats consensus

Microchips fiscal Q1 2027 revenue reached USD 1.485 billion in the quarter reported on August 6, 2026, up 38.00 percent year over year. Adjusted EPS came to USD 0.76 versus USD 0.70 consensus, while September-quarter guidance called for revenue of USD 1.589 billion to USD 1.618 billion and adjusted EPS of USD 0.91 to USD 0.95, Weiss Ratings reported.

The comparison matters because the latest quarter combined a 38.00 percent annual revenue increase with an adjusted EPS beat of USD 0.06. MarketBeat also reported a consensus Moderate Buy rating and an average 12-month target of USD 98.67 from 24 brokerages.

Stock remains below yearly high

On the Nasdaq, Microchip was last quoted at USD 78.78 on September 29, 2026, at 4:00 p.m. ET. The USD 48.52 to USD 105.91 52-week range leaves the stock below its yearly high, while the market capitalization stood at USD 42.8 billion on September 29, 2026.

Microchip Technology stock falls 1.28 percent

At Lang & Schwarz, Microchip Technology stock was trading at EUR 69.20 on September 30, 2026, at 12:30 p.m. CEST, down 1.28 percent versus the EUR 70.10 prior close.