MicroVision MOVIA lidar gains support on NVIDIA DRIVE AGX platform
Investing.com - Microchip reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Microchip announced earnings per share of $1.07 on revenue of $1.65B. Analysts polled by Investing.com EPS of $1.05 on revenue of $1.64B.
Microchip 's are up 48% and is trading at $86.00 , still down 0.43% from its 52 week high of $83.33 set on Wednesday, February 17, 2021.
Microchip shares gained 3.64% to trade at $86.00 in after-hours trade the report.
Microchip follows other major Technology sector earnings this month
Microchip's report follows an earnings beat by Alphabet C on Tuesday, October 26, 2021, who reported EPS of $27.99 on revenue of $65.12B, EPS of $23.83 on revenue of $63.53B.
Taiwan Semiconductor had beat expectations on Thursday, October 14, 2021 with third quarter EPS of $1.07 on revenue of $14.75B, for EPS of $1.04 on revenue of $14.81B.
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