Microchip Technology Inc (FRA:MCP)

€ 88.09 0.85 (0.97%) Market Cap: 47.66 Bil Enterprise Value: 52.89 Bil PE Ratio: 28.07 PB Ratio: 7.91 GF Score: 90/100

Microchip Technology Inc at Bank of America Merrill Lynch Global Technology Conference (Virtual) Transcript

Jun 03, 2020 / 08:45PM GMT

Release Date Price: €47.82 (+9.35%)

Transcript

Vivek Arya

BofA Merrill Lynch, Research Division - Director

Good afternoon, everyone. This is Vivek Arya, senior Semiconductor and Semi-cap Equipment analyst at Bank of America Securities. Really honored and delighted to have Steve Sanghi, Chief Executive Officer, and Eric Bjornholt, Senior Vice President and Chief Financial Officer of Microchip, join us this afternoon to share their views. And as everyone saw, Microchip positively preannounced yesterday, which definitely helped the semiconductor stocks today.

So maybe what we will do is we will go through Q&A with Steve and Eric. But if you have any questions, please feel free to e-mail them to me on the side through your console. But with that, I really want to welcome both Steve and Eric.

Questions & Answers

Vivek Arya

BofA Merrill Lynch, Research Division - Director

And as a start, maybe, Steve, if you could just maybe summarize the positive news from yesterday, what drove that? And importantly, how should we think about the state of the union right now in terms of the demand and

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