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MarketBeat

Thomas Hughes

AI Demand Is Coming—Is Microchip Technology Ready?

Microchip Technology Microchip MarketBeat

It’s taking time to show in the results, but Microchip Technology (NASDAQ: MCHP) is well-positioned to benefit from long-term demand for AI.

The story in 2025 is that of end-market normalization and signs of improving momentum as the business nears a critical pivot. Revenue growth is expected to resume in the current quarter, and there is reason to believe demand trends will improve over time.

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