异动解读 | 微芯科技盘中大跌6.5%,第三季度业绩指引不及预期

异动解读
Nov 07, 2025

微芯科技(MCHP)今日盘中大跌6.5%,主要受到公司第三季度业绩指引低于市场预期的影响。这一消息引发了投资者对公司短期业绩的担忧。

根据最新财报,微芯科技预计第三财季净销售额将在11.1亿至11.5亿美元之间,调整后每股收益在34至40美分之间。然而,市场此前预期销售额为11.8亿美元,每股收益为40美分。这一指引显示,公司面临着持续的市场压力,特别是在汽车和工业领域。

造成业绩预期下调的主要原因是汽车和工业市场继续清理过剩库存,导致对该公司芯片的需求减弱。尽管如此,微芯科技首席执行官Steve Sanghi表示,客户对加急发货的要求大幅增加,这表明库存正常化正在取得进展。值得注意的是,多家券商已下调微芯科技的目标价,但杰富瑞(Jefferies)分析师认为,一旦经济复苏真正形成,微芯科技可能比同行拥有"最大的周期性上涨空间"。

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