Microchip Technology Reports Q3 Earnings Surge, Up 12% To $288M

Microchip Technology (MCHP) released Q3 2025 earnings, reporting a 12% year-over-year improvement to $288 million, or $0.34 per share, driven by strong demand in automotive and industrial segments. The company attributed the gains to higher sales in key markets and optimized production. Revenue rose 18% to $1.12 billion, with gross margins expanding to 42% from 39% in the same period. Management expects Q4 2025 performance to reflect continued momentum in semiconductor demand.