{"id":840835,"date":"2024-08-03T10:24:57","date_gmt":"2024-08-03T04:54:57","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=840835"},"modified":"2024-08-03T10:24:57","modified_gmt":"2024-08-03T04:54:57","slug":"microchip-tech-expects-weak-revenue-as-customers-try-to-clear-excess-inventory","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/03\/microchip-tech-expects-weak-revenue-as-customers-try-to-clear-excess-inventory\/","title":{"rendered":"Microchip Tech expects weak revenue as customers try to clear excess inventory"},"content":{"rendered":"<p>Chipmaker Microchip Technology forecast second-quarter net sales below Wall Street estimates on Thursday, anticipating weak demand from customers yet to clear excess inventory stockpiled during the pandemic.<\/p>\n<p>Shares of the Chandler, Arizona-based company fell more than 5% in extended trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chipmaker Microchip Technology forecast second-quarter net sales below Wall Street estimates on Thursday, anticipating weak demand from customers yet to clear excess inventory stockpiled during the pandemic. Shares of the Chandler, Arizona-based company fell more than 5% in extended trading.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-840835","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=840835"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840835\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=840835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=840835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=840835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}