Microchip's Book-to-Bill Ratio Signals New Growth Cycle

2 days ago

"Of all of these companies, only one is in our portfolio which is Microchip. We're starting with this one because a lot of the logic chip, microcontrollers in a robotics system, like an automobile are actually microcontrollers. For Microchip in particular, the last two quarters they had mentioned that is above 1.0, which is indicative of lots of orders coming in. It tends to be a leading indicator, and this positive sign signals that we're witnessing the resumption of a new growth cycle."

The speaker highlights Microchip's book-to-bill ratio staying above 1.0 over the last two quarters, suggesting a surge in incoming orders and a restart of its growth cycle within the semiconductor sector. This commentary implies that Microchip could be well-positioned for future growth amid the evolving robotics supply chain.

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