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Microchip Technology Expects Dour Q4 Net Sales as Customers Deal With Excess Inventory

[ad_1] (Reuters) – Chipmaker Microchip Technology forecast fourth-quarter net sales below Wall Street estimates on Thursday, anticipating weak demand from customers as they clear excess inventory. Shares of the Chandler, Arizona-based company fell more than 3% in extended trading. Demand for auto chips has been slowing as customers are dealing with excess inventory, hitting chipmakers…

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Mississippi House approves mobile sports betting 

[ad_1] The state House on Thursday approved legislation to legalize mobile sports betting, putting Mississippi on track to join a growing number of states to legalize a form of remote gaming.   The measure passed the GOP-controlled House by 97-14, and it now heads to a Senate committee for consideration before becoming law.  House Gaming Committee…

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AI-Powered CT Technology to Help Veterans

[ad_1] February 1, 2024 — Nearly 8,000 veterans are diagnosed with lung cancer each year. Now at-risk veterans will have access to AI-powered CT technology that removes the web of vessels in the chest CT image, allowing radiologists to see clearly and decide confidently.   The U.S. Department of Veterans Affairs has selected Riverrain’s ClearRead CT AI-powered…

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