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Microchip Technology To Acquire Atmel For $8.15 Per Share, Notes Acquisition Is 'Latest Chapter Of Our Growth Strategy'
Wednesday, January 20, 2016 - 10:26am | 232Shares of Microchip Technology Inc. (NASDAQ: MCHP) were unchanged at $41.70 ahead of Wednesday's opening bell following the company's announcement that it has agreed to acquire Atmel Corporation (NASDAQ: ATML) for a total consideration of $8.15 per share. Microchip noted its acquisition...
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Tech, Semiconductors Among Worst Performers As Sell-Off Continues
Friday, October 10, 2014 - 5:06pm | 2294U.S. stocks continued to sell off on Friday on higher than usual volume. Semiconductor stocks were hit hard following Microchip's profit warning and cautious sector-wide comments. The rest of the tech sector was weak, especially "momentum" and high-beta stocks as the Nasdaq index...
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Why Semiconductor Stocks Are Trading Lower On Friday
Friday, October 10, 2014 - 12:04pm | 239Shares of semiconductor companies are on watch Friday following FBR Capital's removal of ON Semiconductor Corp (NASDAQ: ONNN) from its “Top Picks” list. FBR stated that it is assuming a "more defensive" tone in its semiconductor coverage following Microchip Technology...
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Why Google Wants To Plant a Microchip In Your Head
Wednesday, December 11, 2013 - 11:44am | 512It’s all about making the act of conducting a Google (NASDAQ: GOOG) search easier. The idea of implanting a microchip in the brains of users, according to Google’s engineering director, Scott Huffman, who spoke to The Independent on Monday, revolves around the notion that thinking about words...