Microchip Technology reports second-quarter adjusted EPS

Microchip Technology reported second-quarter fiscal 2027 net sales of $1.622 billion, up 42.2% year over year and 9.2% sequentially. GAAP diluted EPS was $0.68, while non-GAAP diluted EPS was $0.97. For the December quarter, the company expects net sales of $1.573 billion to $1.638 billion and non…