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https lodigame vip One of the key objectives of the program is to foster a sense of community and collective responsibility among content creators and viewers. By engaging in collaborative projects guided by AI directors, participants have the opportunity to contribute their unique perspectives and talents to create content that resonates with audiences on a deeper level. Through this collaborative process, participants not only enhance their creative skills but also develop a stronger sense of social consciousness and empathy.Qatar tribune Tribune News Network Doha Georgetown University in Qatar (GU-Q) has unveiled the agenda for its highly anticipated ninth edition of the Hiwaraat conference series, titled ‘AI Uprising: Opportunities and Challenges for the Future of Work and its Impact on the Environment’, set for December 5 at Waldorf Astoria West Bay. The conference, offered in collaboration with Carnegie Mellon University in Qatar (CMU-Q), will bring together leading voices in academia, technology and policy to discuss critical issues affecting the nature of work emerging from two urgent challenges for the future of humanity: the environmental crisis, and the advent of Artificial Intelligence (AI). Headlining the event is visionary space scientist Dr Moriba Jah, Professor of Aerospace Engineering and Engineering Mechanics at the University of Texas at Austin, who will be drawing from his extensive experience with AI and machine learning to deliver an insightful talk on ‘Navigating the Ethics and Sustainability of AI’. A leading voice in space security and sustainability, Dr Jah is the director of Decision Intelligence group at Oden Institute, and Lead for Space Security and Safety at the Robert Strauss Center. He is also a former NASA spacecraft navigator, and US delegate to the United Nations Committee on Peaceful Uses of Outer Space. “With all the fear and uncertainty surrounding the development of AI, it is important to take time to hear from experts on the actual challenges we face so that we can imagine the ways in which we would like AI to transform the world for the better,” said conference co-organiser Dr Santiago García-Couto, an assistant professor of economics who studies how technology changes affect labour. “This conference offers a space to discuss the potential of AI, and the current barriers to its use for good.” Another highlight will be a talk and performance by Quantum Balerina Dr Merritt Moore, currently an Adjunct Professor of Practice and Distinguished Artist in Residence at NYU Abu Dhabi. A quantum physicist and professional ballet dancer, Dr Moore is celebrated for her pioneering work on robot-human interaction and the creative uses of AI. Their insights will anchor the conference’s exploration of AI’s profound impact on how we think and interact with the world, and what that means for how we work, the types of jobs we have, and the sustainability of our planet. Copy 01/12/2024 10The earthquake in Nevada serves as a stark reminder of the unpredictable and powerful forces of nature that we live amidst. As we reflect on the impact of this earthquake and work towards rebuilding and recovering from the damage caused, let us also remember the importance of preparedness, resilience, and solidarity in facing future challenges and disasters.

After 15 rounds of matches in the Italian Serie A, the competition for the top five spots has intensified with only three points separating the top five teams. The battle for supremacy in one of Europe's most prestigious football leagues has reached a boiling point, with each team fighting tooth and nail for every point.

TikTok Star Takes Shock Lead in Romanian Election: ‘It’s a TikTok Win’Volta Announces Closing of Oversubscribed Private Placement, Commences Exploration and Agrees to Acquire Claims to Expand its Footprint in the Seymour Lithium Camp, Ontario

THE HAGUE (AP) — The world’s top war-crimes court issued arrest warrants Thursday for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and Hamas’ military chief, accusing them of crimes against humanity in connection with the 13-month war in Gaza. The warrants said there was reason to believe Netanyahu and former Defense Minister Yoav Gallant have used “starvation as a method of warfare” by restricting humanitarian aid and have intentionally targeted civilians in Israel’s campaign against Hamas in Gaza — charges Israeli officials deny. The action by the International Criminal Court came as the death toll from Israel’s campaign in Gaza passed 44,000 people, according to local health authorities, who say more than half of those killed were women and children. Their count does not differentiate between civilians and combatants. Experts say hunger has become widespread across Gaza and may have reached famine levels in the north of the territory, which is under siege by Israeli troops. Israel says it has been working hard to improve entry of aid, though the trickle of supplies into Gaza remains near the lowest levels of the war. Netanyahu condemned the warrant against him, saying Israel “rejects with disgust the absurd and false actions” by the court. In a statement released by his office, he said: “There is nothing more just than the war that Israel has been waging in Gaza.” Gallant, in a statement, said the decision "sets a dangerous precedent against the right to self-defense and moral warfare and encourages murderous terrorism.” The warrant marked the first time that a sitting leader of a major Western ally has been accused of war crimes and crimes against humanity by a global court of justice. The decision turns Netanyahu and the others into internationally wanted suspects, putting them at risk of arrest when they travel abroad and potentially further isolating them . Israel and its top ally, the United States, are not members of the court. But others of Israel's allies, including some of its close European friends, are put in an awkward position. Several, including France, welcomed the court's decision and signaled they might arrest Netanyahu if he visited. White House press secretary Karine Jean-Pierre said President Joe Biden's administration was “deeply concerned by the prosecutor’s rush to seek arrest warrants and the troubling process errors that led to this decision.” The warrants represent "the most dramatic step yet in the court’s involvement in the conflict between Israel and Hamas," said Anthony Dworkin, senior policy fellow at the European Council on Foreign Relations. Israeli leaders, politicians and officials across the spectrum denounced the warrants and the ICC. The new defense minister, Israel Katz, who replaced Gallant earlier this month, said Thursday’s decision is “a moral disgrace, entirely tainted by antisemitism, and drags the international judicial system to an unprecedented low.” Human rights groups applauded the move. The warrants against both sides “break through the perception that certain individuals are beyond the reach of the law,” the associate international justice director at Human Rights Watch, Balkees Jarrah, said in a statement. The decision came six months after ICC Chief Prosecutor Karim Khan requested the warrants. The court issued a warrant for Mohammed Deif, head of Hamas’ armed wing, over the Oct. 7, 2023, attacks that triggered Israel’s offensive in Gaza. It said it found reasonable grounds to believe Deif was involved in murder, rape, torture and the taking of hostages amounting to war crimes and crimes against humanity. In the Hamas-led attack, militants stormed into southern Israel, killing 1,200 people — mostly civilians — and taking some 250 others hostage. Around 100 Israelis remain captive in Gaza, around a third of them believed to be dead. Khan withdrew requests for warrants for two other senior Hamas figures, Yahya Sinwar and Ismail Haniyeh , who have both since been killed. Israel says it also killed Deif in an airstrike, but Hamas has never confirmed his death. The warrants for Netanyahu and Gallant were issued by a three-judge panel in a unanimous decision. The panel said there were reasonable grounds to believe that both men bear responsibility for the war crime of starvation and the crimes against humanity of murder, persecution and other inhumane acts. The judges said the lack of food, water, electricity, fuel and specific medical supplies created conditions “calculated to bring about the destruction of part of the civilian population in Gaza,” including the deaths of children due to malnutrition and dehydration. They also found that by preventing hospital supplies and medicine from getting into Gaza, doctors were forced to operate, including performing amputations, without anesthesia or with unsafe means of sedation that led to “great suffering.” Israeli diplomatic officials said the government is lobbying the international community to speak out against the warrants and is considering an appeal to the court. The officials spoke on condition of anonymity pending a formal decision on how the government will proceed. Despite the warrants, none of the suspects is likely to face judges in The Hague anytime soon. Member countries are required to detain suspects facing a warrant if they set foot on their soil, but the court has no way to enforce that. For example, Russian President Vladimir Putin, wanted on an ICC warrant for alleged war crimes in Ukraine, recently visited Mongolia, a member state in the court but also a Russian ally. He was not arrested. Still, the threat of arrest now complicates any travel abroad by Netanyahu and Gallant. EU foreign policy chief Josep Borrell said the warrants are binding on all 27 members countries of the European Union. France signaled it could arrest Netanyahu if he came to its territory. Foreign Ministry spokesman Christophe Lemoine called it a “complex legal issue” but said France supports the court’s actions. “Combating impunity is our priority,” he said. “Our response will align with these principles.” Hamas in a statement welcomed the warrants against Netanyahu and Gallant but made no mention of the one against Deif. Israel’s opposition leaders fiercely criticized the ICC’s move. Benny Gantz, a retired general and political rival to Netanyahu, said it showed “moral blindness” and was a “shameful stain of historic proportion that will never be forgotten.” Israel’s campaign has caused heavy destruction across Gaza and driven almost the entire population of 2.3 million people from their homes, leaving most dependent on aid to survive. Two days after Hamas’ attack on southern Israel, Gallant announced a total seal on Gaza, vowing not to let in food, fuel or other supplies. Under U.S. pressure, Israel began allowing a trickle of humanitarian aid to enter a few weeks later. Israel now says it puts no limit on the supplies permitted into Gaza, and it blames the U.N. distribution system. But Israel's official figures show the amount of aid it has let in has plunged since the beginning of October. The U.N has blamed Israeli military restrictions, along with widespread lawlessness that has led to theft of aid shipments. The case at the ICC is separate from another legal battle Israel is waging at the top U.N. court, the International Court of Justice, in which South Africa accuses Israel of genocide , an allegation Israeli leaders staunchly deny. Lawyers for Israel argued in court that the war in Gaza was a legitimate defense of its people and that it was Hamas militants who were guilty of genocide. Associated Press journalists Raf Casert in Brussels, Mike Corder in The Hague and Josef Federman in Jerusalem contributed to this report.LEDUC COUNTY, ALTA. — Alberta’s government says it will invest up to $50 million to support the creation of a first-in-Canada drilling test site to support technology development in the oil, gas, geothermal and lithium industries. The Alberta Drilling Accelerator is intended to be an open-access, industry-led site where companies can test drilling technologies at deep depths, high temperatures and varying rock types. A location for the hub site has yet to be determined. While no binding contracts have been signed, the province says several companies have expressed strong interest in serving as anchor tenants, including Calgary-based geothermal company Eavor Technologies, Tourmaline Oil Corp. and international oilfield service supermajor Halliburton. The money the province is providing will come from the industry-funded Technology Innovation and Emissions Reduction (TIER) program, which Alberta's heavy emitters are required to pay into as part of the province's industrial carbon pricing system. The provincial government says the Alberta Drilling Accelerator could start drilling in 2026. This report by The Canadian Press was first published Nov. 25, 2024. Companies in this story: (TSX:TOU) The Canadian PressDEIR AL BALAH, Gaza Strip — The tools of his newfound trade arrayed before him, Mohammad Al-Ashqar, a jeweler for decades, prepares himself for the first of some 200 intricate repairs he performs every day. In his hand he holds neither gemstone nor gold, but a gossamer-thin 20-shekel note held together with tape. He takes an X-acto knife, carefully peels off the old tape, cleans the residue, then applies transparent glue in a way to ensure the bill doesn’t break when it’s folded. “It’s not easy,” Al-Ashqar, 48, says of his work as a money repairman in a shop in Deir al Balah. “But I’ve become quite good at it.” More than a year into Israel’s bombardment of the Gaza Strip, cash is king. But the destruction across the Palestinian territory, which has left few banks standing and made ATMs inaccessible, along with Israel’s blocking of bill and coin transfers in and out of the enclave, also means cash is scarce. “People have been passing around the same bills for more than a year now,” says Al-Ashqar, who was displaced from Gaza City. “Of course they’re tattered and fragile.” Most vendors refuse to accept worn-out paper money, he explains, and coins have fared little better. The most common 10-shekel coin is particularly susceptible to rust and wear and tear, and vendors have become suspicious as rumors abound that many of those available in Gaza are forgeries. The result, Al-Ashqar says, is yet another indignity on Gaza residents: Even if you’re lucky enough to find the item you want and have the money to afford it, you still may not be able to buy it, because no seller will take your cash. Gaza, like other Palestinian territories, uses the shekel as its primary currency, with some transactions done in U.S. dollars or the Jordanian Dinar. But since the Hamas militant group’s attack on Israel launched the latest war on Oct. 7, 2023, Israel has blocked the entry and exit of physical money from the enclave, Palestinian banking officials say. And counting on banks to recycle and recirculate the supply of bank notes simply isn’t a possibility. Before the war, Gaza had 10 banks, with 56 branches and 90 ATMs, financial experts say; in July, the Norwegian Refugee Council said only 10 percent remained operational. Now the number of open branches ranges from a very few to, according to a Bank of Palestine manager, just one. Although branches in northern Gaza still have money in their vaults, Israeli troops have prevented people from returning to the area and, in any case, it would require bulldozers to dig out the vaults from the rubble, said the bank employee, who was not authorized to speak to the media. Transporting cash around the enclave presents its own difficulties, whether because of the hostilities between Hamas and the Israeli army, the presence of gangs and looters, or the lack of armored vehicles and the fuel to run them. COGAT, the Israeli Defense Ministry agency handling affairs in Palestinian territories, did not respond to questions regarding cash in Gaza. The cash shortage has given rise not only to money fixers like Al-Ashqar, but also money brokers. In Al-Birka Square, a crowded marketplace area in Deir al Balah, a parallel money market has emerged where people flit from broker to broker trying to find the one who will cash their paycheck with the lowest commission. “I have to hustle just to see some of my paycheck,” says Mohammad Al-Tawashi, a 49-year-old civil servant with the Palestinian Authority. The bank branch nearby, he says, has iron bars in front of its doors and there are never any clerks inside; the ATM was destroyed by angry customers months ago. “So I had to go through one of those vendor cashiers — 28 percent commission, can you believe it?” Al-Tawashi said. For every 1,000 shekels he transferred to the broker, he would receive 780 shekels in cash. “It’s like handing them a chunk of my soul every month. This isn’t living, it’s barely surviving.” Bassam Temraz, a 67-year-old retired social worker, felt much the same. “It’s brutal. Some days, I think I have to sell whatever is left in the house to get enough to feed my grandchildren and my wife,” he says. “Every time I get my salary, it feels like I worked for nothing.” For the brokers, it’s a profitable business. “It’s a way for anyone with cash to earn money,” says Abdallah Al-Mzeiny, a 31-year-old former retail coffee seller who now works as a money broker, doing business all day in a cafe on Al-Birka Square called Actionha. There, he meets customers who use the cafe’s Wi-Fi to transfer their salaries to him via a smartphone app, and — depending on the day and the condition of the bills — gives them cash minus a 28 percent commission. Al-Mzeiny purchases cash from local businessmen at a 24 percent premium. He makes roughly $100 a day, he says. Al-Mzeiny understands his customers’ frustration. He has more than 10,000 shekels, worth more than $2,700, in 10-shekel coins that no one will accept for fear that they’re not genuine. Though some people can use cashless banking via their smartphones, not everyone has access to the Internet or the electricity needed to keep their phones charged. And amid the destruction in Gaza, street vendors are unlikely to accept anything other than cash. After Hamas’ attack in southern Israel killed about 1,200 people and the militants kidnapped about 250 more, Israel’s campaign in Gaza has killed nearly 44,500 people, according to the Palestinian health ministry in Gaza, and has destroyed much of the territory, displacing the vast majority of the population. Criminal gangs, a growing problem as the Hamas government struggles to maintain control, have taken advantage and are now getting into the cash extortion business, seizing control of ATMs and charging people for their use, the Norwegian Refugee Council said. Unwilling to pay the hefty commissions, either to money brokers or gangs, some Gazans have resorted to bartering, whether in makeshift stalls on the streets or using social media such as Facebook and the Telegram messaging app. In one Facebook group, a user offers a can of peas in exchange for one of fava beans; another asks if anyone has a 5-pound chicken they’re willing to exchange for half a carton of eggs and 50 shekels. Others sell whatever goods they have in their home. Many of those in despair turn to Al-Ashqar, the money fixer. When he was displaced from Gaza City, he rented a shop in Deir al Balah to continue his jewelry work, with money repair as a sideline. But word got around, and now, as the day begins, he has a line of people snaking out his door, hoping he can turn their bills from waste paper to usable currency. He’s trained his three assistants in the jewelry shop to do the same work. Between them, they can do more than 400 repairs a day. Depending on the condition of the bill, he charges two to three shekels, the equivalent of 55-82 cents. Al-Ashqar has even begun to enjoy the work, he says. “I’ll take some notes back to my tent to fix them, and wake up early to get them done,” he says, adding that it feels good to help people in some small way against the frustrations of daily life in Gaza. “A lot of people come back to thank me because I helped them fix their banknotes,” he said. It’s a business, but, he added, “It’s become something of a hobby for me.”

Kroger Announces Chief Merchandising and Marketing Officer SuccessionFurthermore, the central government is enhancing efforts to promote sustainable development in the real estate sector, including green building practices, energy efficiency, and urban planning. By incentivizing sustainable practices and investing in green infrastructure, the government aims to create a more environmentally friendly and resilient housing market. This focus on sustainability is critical for addressing climate change and promoting long-term resilience in the real estate sector.In recent developments in the Middle East, the United States has managed to turn the tide in its favor, shattering the global "anti-US" alignment and potentially setting the stage for increased tensions in the Taiwan Strait. With crucial strategic interests at stake, the implications of these shifts are significant and could have far-reaching consequences for regional stability and global security.

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Microchip Technology Updates December 2024 Quarter Revenue Guidance, and Announces Manufacturing Restructuring PlansUS regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup floated in a 23-page document filed late Wednesday by the U.S. Justice Department calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent Android from favoring its search engine. Regulators also want to ban Google from forging multibillion-dollar deals to lock in its dominant search engine as the default option on Apple’s iPhone and other devices. What you need to know about the proposed measures designed to curb Google's search monopoly U.S. regulators are proposing aggressive measures to restore competition to the online search market after a federal judge ruled that Google maintained an illegal monopoly. The sweeping set of recommendations filed late Wednesday could radically alter Google’s business. Regulators want Google to sell off its industry-leading Chrome web browser. They outlined a range of behavioral measures such as prohibiting Google from using search results to favor its own services such as YouTube, and forcing it to license search index data to its rivals. They're not going as far as to demand Google spin off Android, but are leaving that door open if the remedies don't work. SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down Securities and Exchange Commission Chair Gary Gensler will step down from his post on January 20. Since taking the lead at the SEC, the commission has been aggressive in its oversight of cryptocurrencies and other regulatory issues. President-elect Donald Trump had promised during his campaign that he would remove Gensler, who has led the U.S. government’s crackdown on the crypto industry and repeatedly called for more oversight. But Gensler on Thursday announced that he would be stepping down from his post on the day that Trump is inaugurated. Bitcoin has jumped 40% since Trump’s victory. Elon Musk's budget crusade could cause a constitutional clash in Trump's second term WASHINGTON (AP) — Donald Trump has put Elon Musk and Vivek Ramaswamy in charge of finding ways to cut government spending and regulations. It's possible that their efforts will lead to a constitutional clash. This week, Musk and Ramaswamy said they would encourage the Republican president-elect to refuse to spend money allocated by Congress, which would conflict with a 1974 law that's intended to prevent presidents from blocking funds. If Trump takes such a step, it would quickly become one of the most closely watched legal battles of his second administration. Musk and Ramaswamy also aim to dramatically reduce the size of the federal workforce. Bitcoin is at the doorstep of $100,000 as post-election rally rolls on NEW YORK (AP) — Bitcoin is jumping again, rising above $98,000 for the first time Thursday. The cryptocurrency has been shattering records almost daily since the U.S. presidential election, and has rocketed more than 40% higher in just two weeks. It's now at the doorstep of $100,000. Cryptocurrencies and related investments like crypto exchange-traded funds have rallied because the incoming Trump administration is expected to be more “crypto-friendly.” Still, as with everything in the volatile cryptoverse, the future is hard to predict. And while some are bullish, other experts continue to warn of investment risks. Stock market today: Wall Street climbs as bitcoin bursts above $99,000 NEW YORK (AP) — U.S. stocks are climbing after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 was pulling 0.7% higher Thursday after flipping between modest gains and losses several times in the morning. The Dow Jones Industrial Average jumped 532 points, or 1.2%, and the Nasdaq composite gained 0.2%. Banks, smaller companies and other areas of the stock market that tend do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. Treasury yields edged higher in the bond market. The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into war WASHINGTON (AP) — Russia’s third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on Thursday. The action is intended to curtail Russia’s ability to evade the thousands of sanctions imposed on the nation since the start of Russia’s invasion of Ukraine in February 2022. Treasury Secretary Janet Yellen said the sanctions targeting Russia’s largest remaining non-sanctioned bank would further diminish Russia’s military effort and “will make it harder for the Kremlin to evade U.S. sanctions and fund and equip its military.” In addition, more than 50 internationally connected Russian banks 40 Russian securities registrars, and 15 Russian finance officials were hit with sanctions. Trump's incoming chief of staff is a former lobbyist. She'll face a raft of special interests WASHINGTON (AP) — As Donald Trump prepares to return to the White House, his election victory is likely to embolden those who think they can get his ear. There's the prospect that his second administration could face many of the same perils as his first, when there were influence-peddling scandals. That will test the ability of Susie Wiles, his incoming chief of staff, to manage a growing number of high-powered figures such as Trump’s children, son-in-law Jared Kushner and billionaires like Elon Musk. Wiles herself is a former lobbyist, but Trump's transition team rejected any suggestion that her past work would make her susceptible to pressure. House passes bill that would allow Treasury to target nonprofits it deems to support terrorism WASHINGTON (AP) — The U.S. House passed legislation that would give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism. It is a proposal that has alarmed civil liberties groups about how a second Trump presidency could use it to punish political opponents. The bill passed 219-184, with the majority of the support coming from Republicans who accused Democrats of reversing course in their support for the “common sense” proposal only after Donald Trump was elected to a second term earlier this month. It now goes to the Democratic-controlled Senate where its fate is uncertain. Boar's Head listeria outbreak is over with 10 dead and dozens sickened by tainted deli meat U.S. health officials say a deadly outbreak of listeria food poisoning tied to a massive recall of popular Boar's Head deli meats is over. Ten people died and 61 were sickened in 19 states in the outbreak. Illnesses were reported between late May and mid-September. The outbreak is considered over 60 days after the last reported illness. Boar's Head officials recalled more than 7 million pounds of deli meat distributed nationwide, shuttered a Virginia plant that made the products and permanently stopped making liverwurst. The company continues to face lawsuits and federal scrutiny.

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CHANDLER, Ariz., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, provided lower updated revenue guidance for the December 2024 quarter and announced manufacturing restructuring plans. "In the first two weeks of my newly appointed role as Interim CEO and President, I have done a deep dive into the operations of the Company and determined that certain actions are necessary. I want to clarify for investors that I plan to stay in this role, even though the title is interim, for as long as it is necessary, so there is no definitive timeline for my successor," said Steve Sanghi, Microchip's CEO, President and Chair of the Board. Mr. Sanghi continued, "We indicated in our November 2, 2024 earnings call that significant turns orders were required to achieve the midpoint of our December 2024 quarter revenue guidance. Those turns orders have been slower than anticipated and we now expect our December 2024 revenue to be close to the low end of our original guidance which is $1.025 billion." Mr. Sanghi added, "With inventory levels high and having ample capacity in place, we have decided to shut down our Tempe wafer fabrication facility that we refer to as Fab 2. Many of the process technologies that run in Fab 2 also run in our Oregon and Colorado factories, which both have ample clean room space for expansion. We expect to be able to shut down Fab 2 in the September 2025 quarter at which time we expect that it will generate annual cash savings of approximately $90 million. Due to the high inventory of the products which are manufactured in Fab 2, we do not expect to see P&L savings from the shutdown until the start of the June 2026 quarter based on a First-In First-Out basis. We expect that the Fab 2 closure will begin to help us moderate our inventory levels beginning in the March 2025 quarter. We anticipate near-term restructuring costs to be between $3 million and $8 million from these actions, and it is possible that we could incur other restructuring and shut-down costs in the future of up to an additional $15 million. The estimates of the restructuring costs will be refined over time as more information becomes available." Mr. Sanghi concluded, "I want to ensure investors of my confidence in the long-term growth and profitability of Microchip. Our design-in momentum continues to remain strong, driven by our Total System Solutions strategy and key market megatrends. The fab restructuring is a big step in right-sizing our manufacturing footprint, and we will continue to evaluate any further actions that are required to position Microchip for outsized growth and financial performance." Microchip will be participating in and presenting at the UBS Global Technology and AI Conference on December 3 and 4, 2024. Cautionary Statement: The statements in this release relating to Mr. Sanghi planning to stay in the CEO and President role for as long as it is necessary, no definitive timeline for his successor, that turns orders have been slower than anticipated and that we now expect our December 2024 revenue to be close to the low end of our original guidance which is $1.025 billion, that we have ample capacity in place, that our Oregon and Colorado factories both have ample clean room space for expansion, that we expect to be able to shut down Fab 2 in the September 2025 quarter at which time it is expected to generate annual cash savings of approximately $90 million, that we do not expect to see P&L savings from the shutdown until the start of the June 2026 quarter, that we expect that the Fab 2 closure will begin to help us moderate our inventory levels beginning in the March 2025 quarter, that we anticipate near-term restructuring costs to be between $3 million and $8 million, that is is possible that we could incur other restructuring and shut-down costs of up to an additional $15 million, ensuring investors of my confidence in the long-term growth and profitability of Microchip, that our design-in momentum continues to remain strong driven by our Total System Solutions strategy and key market megatrends, that the fab restructuring is a big step in right sizing our manufacturing footprint, that we will continue to evaluate any further actions that are required to position Microchip for outsized growth and financial performance are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause our actual results to differ materially, including, but not limited to: any continued uncertainty, fluctuations or weakness in the U.S. and world economies (including China and Europe) due to changes in interest rates, high inflation, actions taken or which may be taken by the Biden administration or the U.S. Congress or by the incoming Trump administration and the incoming U.S. Congress, monetary policy, political, geopolitical, trade or other issues in the U.S. or internationally (including the military conflicts in Ukraine-Russia and the Middle East), further changes in demand or market acceptance of our products and the products of our customers and our ability to respond to any increases or decreases in market demand or customer requests to reschedule or cancel orders; the mix of inventory we hold, our ability to satisfy any short-term orders from our inventory and our ability to effectively manage our inventory levels; the impact that the CHIPS Act will have on increasing manufacturing capacity in our industry by providing incentives for us, our competitors and foundries to build new wafer manufacturing facilities or expand existing facilities; the amount and timing of any incentives we may receive under the CHIPS Act, the impact of current and future changes in U.S. corporate tax laws (including the Inflation Reduction Act of 2022 and the Tax Cuts and Jobs Act of 2017), foreign currency effects on our business; changes in utilization of our manufacturing capacity and our ability to effectively manage our production levels to meet any increases or decreases in market demand or any customer requests to reschedule or cancel orders; the impact of inflation on our business; competitive developments including pricing pressures; the level of orders that are received and can be shipped in a quarter; our ability to realize the expected benefits of our long-term supply assurance program; changes or fluctuations in customer order patterns and seasonality; our ability to effectively manage our supply of wafers from third party wafer foundries to meet any decreases or increases in our needs and the cost of such wafers, our ability to obtain additional capacity from our suppliers to increase production to meet any future increases in market demand; our ability to successfully integrate the operations and employees, retain key employees and customers and otherwise realize the expected synergies and benefits of our acquisitions; the impact of any future significant acquisitions or strategic transactions we may make; the costs and outcome of any current or future litigation or other matters involving our acquisitions (including the acquired business, intellectual property, customers, or other issues); the costs and outcome of any current or future tax audit or investigation regarding our business or our acquired businesses; fluctuations in our stock price and trading volume which could impact the number of shares we acquire under our share repurchase program and the timing of such repurchases; disruptions in our business or the businesses of our customers or suppliers due to natural disasters (including any floods in Thailand), terrorist activity, armed conflict, war, worldwide oil prices and supply, public health concerns or disruptions in the transportation system; and general economic, industry or political conditions in the United States or internationally. For a detailed discussion of these and other risk factors, please refer to Microchip's filings on Forms 10-K and 10-Q. You can obtain copies of Forms 10-K and 10-Q and other relevant documents for free at Microchip's website ( www.microchip.com ) or the SEC's website ( www.sec.gov ) or from commercial document retrieval services. Stockholders of Microchip are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date such statements are made. Microchip does not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after this December 2, 2024 press release, or to reflect the occurrence of unanticipated events. About Microchip: Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. Our solutions serve approximately 116,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com . Note: The Microchip name and logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies. INVESTOR RELATIONS CONTACT: J. Eric Bjornholt, Senior Vice President and CFO (480) 792-7804AP Business SummaryBrief at 3:15 p.m. EST

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