BRIEF-Microchip Technology Announces Pricing Of Offering Of $1.1 Billion Of Convertible Senior Notes May 29 (Reuters) - Microchip Technology Inc MCHP.O : MICROCHIP TECHNOLOGY ANNOUNCES PRICING OF OFFERING OF $1.1 BILLION OF CONVERTIBLE SENIOR NOTES ANNOUNCED PRICING OF $1.1 BILLION AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2030 NOT

BUZZ-Microchip Tech drops on planned $1.1 bln convertible debt offering ** Microchip Technology's MCHP.O shares down 2.4% at $96.50 post-market as co seeks capital raise to reduce debt ** Chipmaker announces private offering of $1.1 bln convertible bonds due 2030 ** Co plans to use net offering proceeds to repay existing debt including notes outstanding under its commercial paper program ** Earlier this month, MCHP forecast current-qtr rev and EPS below Street estimates as customers continue to

US STOCKS-Wall St set to rebound at open after retreating on inflation jitters For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Dow, S&P 500 set for weekly losses Boeing, megacap shares recover after Thursday's dour session Workday falls after cutting revenue forecast Ross Stores rises after Q1 results beat Futures up: Dow 0.20%, S&P 0.35%, Nasdaq 0.38% Updated at 8:40 a.m.

BUZZ-Microchip Technology up after Mizuho upgrades to 'buy' ** Shares of chipmaker Microchip Technology MCHP.O up 1.8% at $99.9 after Mizuho upgrades to "buy" from "neutral" ** Brokerage also raises PT to $115 from $85 on improving fundamentals through second half of this year, MCHP "positioned well to 2025" ** Mizhuho says after 3 years of underpe

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Moderna Inc MRNA.OQ +9.4% Analog Devices Inc ADI.OQ +8.6% ON Semiconductor Corp ON.OQ +4.0% Electronic Arts Inc EA.OQ +3.9% Microchip Technology Inc MCHP.OQ +3.5% Bottom Performers Percent Change Lululemon Athletica Inc LULU.OQ -6.1% Tesla Inc TSLA.OQ -3.3% Baker Hughes Co BKR.OQ -3.0% Sirius XM Holdings Inc SIRI.OQ -2.8% PayPal Holdings Inc PYPL.OQ -2.5% The Nasdaq 100 .NDX gaine