Microchip Technology (NASDAQ:MCHP) reported quarterly earnings of $1.56 per share which beat the analyst consensus estimate of $1.55 by 0.65 percent. This is a 30 percent increase over earnings of $1.20 per share from
General Motors Co (NYSE: GM) CEO Mary Barra is confident the legacy automaker can catch up with the current electric vehicle leader and market disruptor Tesla Inc (NASDAQ: TSLA) by 2025.