Microchip Revises Fiscal Q2 Forecast

Microchip Technology Incorporated (MCHP), a leading provider of microcontroller, mixed signal, analog and Flash-IP solutions, today narrowed the range and  increased the mid-point of its prior guidance for net sales and earnings per share for its fiscal second quarter of fiscal 2016 ending September 30, 2015. Microchip’s core business is tracking towards our original guidance…