Microchip lifts fiscal Q3 revenue view to $1.185B; shares rise on January 6, 2026

On January 5, 2026, Microchip Technology said fiscal third‑quarter revenue is now expected to be about $1.185 billion, above its prior $1.109–$1.149 billion range. At 7:17:56 AM EST on January 6, the stock traded at $69.80 premarket, up $2.74 or 4.09% from a $67.06 close that had already gained 3.12% during regular hours.