Microchip Technology Inc at UBS Global TMT Conference Transcript

Dec 05, 2022 / 03:00PM GMT
Timothy Michael Arcuri - UBS Investment Bank, Research Division - MD and Head of Semiconductors & Semiconductor Equipment

We're going to get started now. Thank you so much. I'm Tim Arcuri. I'm the semi and semi equipment analyst here at UBS. Very pleased to have Microchip for this next session. We have Eric Bjornholt, who's VP and CFO; and we have Sajid Daudi as well with us, who runs IR. So Eric is going to say a few things, and then we'll have Q&A.

James Eric Bjornholt - Microchip Technology Incorporated - Senior VP & CFO

Okay. Thanks, Tim, and good morning, everybody. During the course of this discussion, we'll be making certain forward-looking statements about the future financial performance of Microchip. I refer you to our filings with the SEC that identify important risk factors about the company.

So just a quick overview of where we're at. Microchip has grown very well over the last 2 years, at the midpoint of our guidance for the current quarter, which is to be up 4% sequentially. Microchip would be up 22.7% year-over-year, record

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