Microchip Technology Reports Fiscal Q2 2027 Results and Declares Quarterly Dividend

Microchip Technology reported fiscal Q2 2027 net sales of $1.622 billion, up 42.2% year over year and 9.2% sequentially. Non-GAAP diluted EPS was $0.97, above its $0.91–$0.95 guidance, with management citing broad-based demand in industrial and data center markets. The board declared a quarterly dividend of $0.455 per share, payable December 8, 2026. For fiscal Q3, the company forecast revenue of $1.57 billion to $1.64 billion and adjusted EPS of $0.87 to $0.95.