Microchip Technology plans to furlough employees at its Gresham factory for two weeks in March, and possibly again in June, amid an unexpectedly steep drop-off in sales. Workers got the news this week ...

Semiconductor maker Microchip Technology has abruptly stopped pursuing a $162 million federal CHIPS Act grant, $72 million of which was intended to fund a major expansion of the company's factory in ...

Microchip Technology, which has faced headwinds in the market for its computer chips this year, plans to close down its Valley factory in 2025 to reduce costs, affecting hundreds of workers. Microchip ...

WASHINGTON (AP) — Kamala Harris planned Monday to highlight how government funding for computer chip manufacturers could create factory jobs in the electoral battleground of Michigan, just days after ...

Microchip Technology plans to temporarily cut the wages of employees who aren’t subject to the company’s pending factory shutdowns, a “shared sacrifice” amid a falloff in customer demand. Most of ...