Microchip Technology Incorporated provided earnings guidance for the third quarter of fiscal year 2023. For the period, the company expects net sales to be in the range of $2.135 billion to $2.177 billion, operating income to be in the range of 36.6% to 36.9%, net income to be in the range of $593.3 million to $572.8 million and earnings per diluted share to be in the range of $1.03 to $1.07.