Microchip Technology

Microchip Technology

Provides embedded systems hardware and software

About Microchip Technology

Simplify's Rating
Why Microchip Technology is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consulting

Hardware

Education

Company Size

10,001+

Company Stage

IPO

Headquarters

Chandler, Arizona

Founded

1989

Overview

Microchip Technology Inc. provides a wide range of hardware, software, and tools for embedded applications, including microcontrollers, FPGAs, silicon carbide solutions, and analog products. Their offerings cater to various industries such as automotive, industrial, consumer electronics, aerospace, and telecommunications, serving clients from large corporations to individual developers. Microchip stands out in the competitive semiconductor market by offering an extensive product range and a strong support ecosystem, which includes educational programs and a community for engineers. The company primarily operates on a business-to-business model, generating revenue through the sale of hardware components, software licenses, development tools, and consulting services. Microchip's goal is to support the creation of electronic devices that require embedded systems, ensuring a steady revenue flow through direct sales and comprehensive support.

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Simplify's Take

What believers are saying

  • Growing demand for e-mobility boosts Microchip's Electric Two-Wheeler ecosystem.
  • Integration with LDRA enhances functional safety for RISC-V architecture, expanding market reach.
  • PIC32A MCUs cater to high-performance applications, increasing Microchip's industry presence.

What critics are saying

  • Layoffs in Colorado Springs suggest potential financial or operational challenges for Microchip.
  • $1.35 billion stock offering led to a share price drop, indicating investor concerns.
  • Competition in e-mobility may hinder the success of Microchip's Electric Two-Wheeler ecosystem.

What makes Microchip Technology unique

  • Microchip offers a comprehensive range of embedded system solutions across multiple industries.
  • The company provides robust support through Microchip University and technical learning centers.
  • Microchip's AVR SD microcontrollers are designed for safety-critical applications at a low cost.

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Funding

Total Funding

$3273.9M

Above

Industry Average

Funded Over

4 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

Stock Options

Performance Bonus

Employee Stock Purchase Plan

Company News

Mobility Outlook
Mar 24th, 2025
Microchip Launches AVR SD Microcontrollers To Cut Cost & Boost Safety In Critical Systems

Microchip Technology has announced the launch of its AVR SD family of microcontrollers (MCUs), aimed at reducing system cost and complexity in safety-critical applications.

EE Journal
Mar 20th, 2025
Entry-Level Microcontrollers Reduce System Cost And Complexity In Safety-Critical Applications

Microchip’s AVR® SD MCU family enables industry-standard functional safety compliance at a price point under a dollarCHANDLER, Ariz., March 19, 2025 — To assist engineers in meeting stringent safety requirements while minimizing design costs and complexity, Microchip Technology (Nasdaq: MCHP) has launched the AVR® SD family of microcontrollers (MCUs). The MCUs feature built-in functional safety mechanisms and are designed to support applications requiring rigorous safety assurance. Paired with a dedicated safety software framework, this is the first entry-level MCU of its kind—at this price point—designed to meet Automotive Safety Integrity Level C (ASIL C) and Safety Integrity Level 2 (SIL 2) requirements, which mandate redundant safety checks. Further enhancing the safety credentials of the AVR SD family, the MCUs follow a functional safety management system that has been certified by TÜV Rheinland. Hardware safety features include a dual-core lockstep CPU, dual Analog-to-Digital Converters (ADCs), Error Correction Code (ECC) on all memories, a dedicated error controller module, error injection mechanisms and voltage and clock monitors. These features reduce fault detection time and software complexity

Tech in Asia
Mar 20th, 2025
US chipmaker Microchip shares drop after $1.35b stock offering plan

Shares of Microchip Technology fell 3.2% in after-hours trading on Mar. 19 after the company announced a plan to raise US$1.35 billion through a convertible stock offering.

GlobeNewswire
Mar 19th, 2025
Microchip Technology Announces Launch of Offering of Depositary Shares Representing Interests in Series A Mandatory Convertible Preferred Stock

CHANDLER, Ariz., March 19, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) Microchip Technology Incorporated (“Microchip” or the “Company”), a leading provider...

EFEMAG
Mar 17th, 2025
Microchip Introduces Electric Two-Wheeler Ecosystem to Accelerate E-Mobility Innovation

Microchip Technology (Nasdaq: MCHP) today announces the launch of its Electric Two-Wheeler (E2W) ecosystem, a comprehensive suite of pre-validated reference designs that addresses key challenges in e-scooter and e-bike development, including power efficiency, system integration, safety and time-to-market.

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