Microchip Technology Inc (NAS:MCHP)
$ 61.64 -3.75 (-5.73%) Market Cap: 33.10 Bil Enterprise Value: 41.29 Bil PE Ratio: 43.10 PB Ratio: 5.27 GF Score: 81/100

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

Jun 04, 2019 / 10:50PM GMT
Release Date Price: $42.13 (+5.66%)
Vivek Arya
BofA Merrill Lynch, Research Division - Director

I'm Vivek Arya. I cover semiconductor and semi-cap equipment at Bank of America Merrill Lynch. Delighted to have Eric Bjornholt, CFO of Microchip, join us this afternoon. What we will do is start with a few introductory statements and slides from Eric, and then we will jump into Q&A. Thanks, Eric.

James Eric Bjornholt
Microchip Technology Incorporated - Senior VP & CFO

Good afternoon, everybody. Let me see if I can get this working. So typical safe harbor here. Just want to let you know that I will be making certain future projections and forward-looking statements about the future financial performance of Microchip, and such predictions involve risks and I refer you to our filings with the SEC that highlight important risk factors about the company.

So just want to give a quick update in terms of our guidance that we gave on May 8. We haven't really changed that guidance, but the rhetoric on tariffs has definitely gotten worse since that call. If you remember, right before our

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