Microchip Updates On Recent Cyber Incident, Says Aware That Unauthorized Party Claims To Have Acquired And Posted Online Certain Data From Systems; Expects No Material Impact To Financial Condition Or Results Of Operations - Filing
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Microchip Technology Inc. reported a cyber incident where an unauthorized party accessed certain data from its systems. The company believes there will be no material impact on its financial condition or operations.
September 04, 2024 | 8:22 pm
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Microchip Technology Inc. experienced a cyber incident involving unauthorized access to certain data. The company expects no material impact on its financial condition or operations.
The company has reported a cyber incident but has stated that it expects no material impact on its financial condition or operations. This suggests that while the incident is significant, it may not affect the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100