Microchip to Report Q2 Earnings: What's in Store for the Stock?
Key Takeaways Microchip expects Q2 fiscal 2026 sales of 1.15B and EPS of 30-36 cents. Improving inventory and higher direct shipments are seen aiding margins and revenues. Strong design wins in industrial, aerospace, and AI markets likely supported performance. Microchip Technology (MCHP) is set to report second-quarter fiscal 2026 results on Nov. 6.Microchip expects net sales to be between 1.150 billion for the second quarter of fiscal 2026, implying roughly 5.1% sequential grow ...