• Microchip (MCHP) said COO Richard Simoncic will resign effective Aug 17, 2026 to become CEO at Menlo Microsystems; filing gives date and new role but no successor or transition details.
  • Microchip (MCHP) will buy edge-AI chipmaker Hailo; deal closes by Sept. 30 pending approvals. Adds Hailo’s AI processors, vision and robotics IP; no material near-term impact on results.