MCHP · News · 20260804N

Revenue Performance and Mix

MICROCHIP TECHNOLOGY INC · 2026-08-04 · Importance 64 · Surprise 56

Microchip Technology reported fiscal Q1 2027 net sales of $1.485 billion, up 38.0% year over year and above guidance. Growth was supported by demand recovery across data centers, industrial, automotive, and aerospace and defense markets. Data-center exposure is projected to reach approximately $1 billion in 2026, increasing the contribution of AI and infrastructure-related products.

Key facts

• Following the Q1 results and PCIe Gen 6 announcement, Microchip's shares rose about 13.89% to $84.69 on one trading day. source