Microchip Technology Exceeds Financial Guidance for the Second Fiscal Quarter 2010
Restocking? Government stimulus? Actual recovery? Bit of all three? As we speak the Dow has plowed through the 10k mark and Microchip has enjoyed the largest growth in its history. Production is ramping up and if you’re running into long lead times, check with Microchip. Microchip is one of those dedicated companies who have not done any layoffs during the recession, meaning they have the best means for customer support and production flexibility.
