Microchip names Steve Sanghi as permanent CEO

4 days ago 3
Close-up of Humanoid Robot Hand Showing Glowing Futuristic Green Microchip. Innovative and Advanced Chip at Fingertips of Hand of Humanoid Robot.

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Microchip Technology (NASDAQ:MCHP) said on Wednesday that Steve Sanghi would be the semiconductor's permanent president and CEO after having rejoined the company on an interim basis in November 2024.

Microchip shares rose 2% on Wednesday and were little changed in

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