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Microchip prices upsized offering of $800M in convertible senior notes

The notes will be convertible at an initial conversion rate of 9.5993 shares of common stock per $1,000 principal amount of notes (equivalent to an initial conversion price of approximately $104.17 per share, which represents a conversion premium of approximately 40.0% to the last reported sale price of $74.41 per share of the common stock on The Nasdaq Global Select Market on February 9, 2026).

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