Shares of computer components developer Microchip Technology Inc. MCHP, +1.96% fell after hours on Monday after the company said it expected fiscal third-quarter sales to fall more than it once expected, citing a “weakening economic environment.” The company — whose products help power things like data centers, connected devices and cars — said it expected sales for that quarter to fall 22% from the prior quarter, compared to earlier expectations for a 15% to 20% drop. Shares fell 4.3% after hours. “The we ...