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Founded in 1989, Chandler, Arizona-based Microchip Technology Incorporated (MCHP) develops and manufactures microcontrollers, memory, analog, and interface products for embedded control systems. The company has a market cap of $40.7 billion and is expected to release its Q3 2026 earnings on Thursday, Feb. 5.
Ahead of the event, analysts expect the company to generate a profit of $0.30 per share on a diluted basis, up 130.8% from $0.13 per share in the year-ago quarter. The company has surpassed or met Wall Street’s EPS estimates in two of its last four quarters, while missing on two other occasions.