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Morgan Stanley raises Microchip Technology (MCHP.O) PT to $103.00 from $94.00.

2026-08-07

Morgan Stanley raises Microchip Technology (MCHP.O) PT to $103.00 from $94.00.

Other News
2026-08-07

Eight domestic polysilicon producers signed a voluntary pledge to stop low‑price dumping, not sell below full cost, and to carry out self-inspection under regulator oversight. The China Nonferrous Metals Industry Association (Silicon Branch) says the

Eight domestic polysilicon producers signed a voluntary pledge to stop low‑price dumping, not sell below full cost, and to carry out self-inspection under regulator oversight. The China Nonferrous Metals Industry Association (Silicon Branch) says the domestic polysilicon market is in a wait‑and‑see standoff with trading stalled; last week average transaction prices for N‑type feedstock and granular silicon fell to 32,000 yuan/ton and 31,000 yuan/ton respectively, markedly below industry full‑cost estimates. Industry sources say prices would need to rise more than 40% to reach expected full‑cost levels. A signatory said firms are acting on recent MIIT and SAMR meetings, the pledge is voluntary, and punitive measures to strengthen self-discipline may be introduced after the announcement.
2026-08-07

A Reuters/Ipsos poll shows that 64% of independent voters support higher taxes for corporations and billionaires, while 15% oppose it.

A Reuters/Ipsos poll shows that 64% of independent voters support higher taxes for corporations and billionaires, while 15% oppose it.
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