CHANDLER, Ariz. - Microchip Technology Incorporated (NASDAQ:MCHP), a key player in embedded control solutions, has announced the appointment of Victor Peng to its Board of Directors. Peng ...

Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker restructures its business to combat slowing demand from automakers, sending its shares up nearly ...

Regarding Mr. Peng's appointment to the board, Microchip's President and CEO, Steve Sanghi, said,“Victor most recently served as the President of AMD, a publicly held company that designs and ...