Vident Advisory LLC increases stake in semiconductor firm Microchip Technology

Vident Advisory LLC increased its position in Microchip Technology Incorporated by 32% in the first quarter, owning 25,614 shares worth approximately $1.24 million. Other institutional investors also showed increased interest, including Maple Advisors LP, Evergreen Capital Management LLC, and notabl... [More info]

Microchip Technology plans to close its Tempe, AZ plant in Q3 2025, affecting 500 employees, and lowers its Q3 revenue forecast. ⚠️ #MicrochipTechnology #Tempe #Manufacturing #TechNews #Q3Forecast #BusinessNews #EmploymentImpact #RevenueForecast

#MicrochipTechnology has revealed they were a victim of a #databreach

The attack was discovered on Aug 17, 2024, disrupted operations, and forced Microchip to shut down some of its systems. Microchip said they discovered employee data stolen. Play ransomware group had claimed responsibility for the attack.

Affected employees are advised to be vigilant of phishing, and to monitor their financial accounts

#cybersecurity #ransomware

https://www.bleepingcomputer.com/news/security/microchip-technology-confirms-data-was-stolen-in-cyberattack/

Microchip Technology confirms data was stolen in cyberattack

American semiconductor supplier Microchip Technology Incorporated has confirmed that employee information was stolen from systems compromised in an August cyberattack, which was later claimed by the Play ransomware gang.

BleepingComputer
✔Cyberattack Disrupts Microchip Technology's Operations, Sparking Industry Concerns
Microchip Technology's Operations a leading U.S. semiconductor manufacturer, has recently disclosed a significant cyber incident that disrupted its server operations and affected various aspects of its business.
For more information
📕Read - https://cybrpro.com/cyberattack-disrupts-microchip-technologys-operations/
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#Cyberattack #MicrochipTechnology #DisruptiveEvents #TechIndustry #Cybersecurity #IndustryConcerns
Cyberattack Disrupts Microchip Technology's Operations,| CyberPro Magazine

Microchip Technology's Operations a leading U.S. semiconductor manufacturer, has recently disclosed a significant cyber incident that disrupted its server operations and affected various aspects of its business. For more information read

CyberPro Magazine

American chipmaker Microchip Technology has disclosed a cyberattack impacted its systems, disrupting operations across multiple manufacturing facilities.

Due to the incident, some Microchip Technology manufacturing facilities operate at reduced capacity, affecting the company's ability to meet orders.

#Microchip #MicrochipTechnology #cyberattack #databreach #security #cybersecurity #hackers #hacking #hacked

https://www.bleepingcomputer.com/news/security/microchip-technology-discloses-cyberattack-impacting-operations/

Microchip Technology discloses cyberattack impacting operations

American chipmaker Microchip Technology Incorporated has disclosed that a cyberattack impacted its systems over the weekend, disrupting operations across multiple manufacturing facilities.

BleepingComputer

"Microchip Technology hit by cyberattack

The semiconductor maker said the security breach impacted its manufacturing operations."

Published Aug. 21, 2024
by Kate Magill, Manufacturing Lead Editor

https://www.manufacturingdive.com/news/microchip-technology-cyberattack-operations-impact/724823/

#MicrochipTechnology

Microchip Technology hit by cyberattack

The semiconductor maker said the security breach impacted its manufacturing operations.

Manufacturing Dive

Microchip Technology rivela un attacco informatico che ha avuto rilevanti impatti operativi

Il produttore di chip americano #MicrochipTechnology Incorporated ha rivelato che un attacco informatico ha colpito i suoi sistemi nel fine settimana, interrompendo la produzione in numerosi stabilimenti industriali.

@informatica

https://www.bleepingcomputer.com/news/security/microchip-technology-discloses-cyberattack-impacting-operazioni/

Microchip launches new device for LEO space apps - GPS World

Microchip Technology has launched the MIC69303RT 3A Low-Dropout Voltage Regulator, a radiation-tolerant power management device for space application developers.

GPS World