Microchip Technology Incorporated (MCHP) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings, and welcome to the Microchips Q2 Fiscal 2026 Financial Results Conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Steve Senge. Thank you, sir. You may begin. Thank you, operator, and good afternoon, everyone. During the course of this conference call, we will be making projections and other forward-looking statements regarding future events or the future financial performance of the company. We wish to caution you that such statements or predictions and that actual events or results may differ materially. We refer you to our press release of today as well as our recent filings with the SEC that identify important risk factors that may impact Microchip's business and results of operations. In attendance with me today are Rich Simonsec, Microchip COO, Eric Bionholt, Microchip CFO, Brian McKayerson, Microchip's VP of Data Center Business Unit, and Sajid Dowdy, Microchip's Head of Investor Relations. I will provide a reflection on our fiscal second quarter 2026 financial results, then Brian will provide an update on our data center business, and Eric will go over our financial performance. I will then provide an overview of the current business environment and our guidance for third quarter of fiscal year 2026. We will then be available to respond to specific investor and analyst questions. I will now highlight a few salient points of our financial results. Six percent sequential sales growth. Net sales were up sequentially in America and Asia and flat in Europe...