Microchip Technology stock reports 38 percent revenue growth
Published on 09/23/2026 at 23:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Microchip Technology stock traded at USD 75.53 on Nasdaq on September 23, 2026, while the company reported Q1 fiscal 2027 revenue of USD 1.48 billion, up 38.0 percent year over year. The latest strategic move is the completed Hailo acquisition, which adds edge AI and vision technology to Microchip's embedded systems portfolio.
Revenue recovery reaches 38 percent
According to MarketBeat, Microchip reported quarterly EPS of USD 0.76 against a USD 0.70 consensus estimate, while revenue reached USD 1.48 billion versus USD 1.46 billion expected. The revenue result also stood 38.0 percent above the same quarter of the prior year.
The comparison matters because the recovery is reaching both sales and profitability. Q2 fiscal 2027 EPS guidance of USD 0.910-0.950 points to a higher earnings range than the reported Q1 figure, although the guidance and actual EPS are separate reporting measures.
Hailo adds an edge AI angle
StockTitan reported that Microchip completed its Hailo acquisition on September 21, 2026. Hailo supplies accelerated edge AI processors, vision processors, robotics processors and AI software, while the transaction was not expected to have a material near-term impact on Microchip's financial results.
The deal therefore adds strategic breadth rather than an immediate revenue boost. Microchip's existing portfolio spans microcontrollers, analog components, connectivity, memory and field-programmable gate arrays, giving Hailo's technology several potential routes into industrial, automotive and embedded applications.
Stock remains below its yearly high
Microchip's Nasdaq price stood at USD 75.53 on September 23, 2026, down USD 0.29 or 0.38 percent from USD 75.82. The USD 41.01 billion market capitalization sits between a 52-week low of USD 48.52 and a 52-week high of USD 105.91, leaving the stock 28.7 percent below its yearly high.
Microchip Technology stock snapshot
- Company: Microchip Technology Incorporated
- Ticker: MCHP
- Trading venue: NASDAQ
- Price (as of September 23, 2026): USD 75.53
- Market capitalization: USD 41.01 billion (as of September 23, 2026)
- 52-week range: USD 48.52-105.91
- Sector / Industry: Technology / Semiconductors
- Index membership: Nasdaq 100
