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

Total Funding

$168.3M

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 solutions. Their products are designed for various industries such as automotive, industrial, consumer electronics, aerospace, and telecommunications, catering to both large corporations and individual developers. Microchip stands out from competitors by offering an extensive product range and a strong support ecosystem, which includes educational programs and a community for engineers. The company's goal is to support businesses and individuals in creating electronic devices that require embedded systems, generating revenue through direct sales of products, software licenses, and consulting services.

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Funded Recently
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Simplify's Take

What believers are saying

  • Growing demand for silicon carbide solutions boosts Microchip's market expansion opportunities.
  • AI integration in embedded systems enhances software development efficiency for Microchip.
  • Miniaturization trends in aerospace increase demand for Microchip's compact, low-power solutions.

What critics are saying

  • Increased competition from AI-driven tools could erode Microchip's market share.
  • Rapid technological advancements may outpace Microchip's current capabilities, risking competitive edge.
  • Microchip's $2 billion senior notes offering increases financial leverage, posing potential risks.

What makes Microchip Technology unique

  • Microchip offers a comprehensive range of embedded system solutions across multiple industries.
  • Their MPLAB AI Coding Assistant enhances software development with real-time AI support.
  • Microchip's robust support ecosystem includes educational programs and a vibrant engineering community.

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Funding

Total Funding

$168.3M

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

EE Journal
Feb 20th, 2025
Artificial Intelligence Meets Embedded Development With Microchip’S Mplab® Ai Coding Assistant

AI-powered tool streamlines software development for greater efficiency and accuracyCHANDLER, Ariz., February 19, 2025 — Microchip Technology (Nasdaq: MCHP) is leveraging the power of Artificial Intelligence (AI) to assist software developers and embedded engineers in writing and debugging code with the launch of its MPLAB® AI Coding Assistant. A Microsoft® Visual Studio® Code (VS Code®) extension, the free tool is based on Continue—the market’s leading open-source AI code assistant—and comes preconfigured with Microchip’s AI chatbot for real-time support.The Microchip chatbot enables a chat functionality which allows developers to evaluate and iterate on code directly from the sidebar. This interactive support enhances the coding experience by providing highly customized, relevant real-time assistance and insights on Microchip-specific products with the chatbot being updated on a continuous basis. Additional features include advanced autocomplete for easier coding, an edit feature and error detection for efficient code modifications within the current file and integrated access to searchable Microchip documentation within the IDE.“The MPLAB® AI Coding Assistant represents a significant leap forward in software development and will transform how engineers work with Microchip products,” said Rodger Richey, vice president of development systems and academic programs at Microchip. “We’re harnessing the power of AI to provide interactive, real-time support that helps developers create better software, more quickly and with less hassle.”Unlike most other code assistants on the market, MPLAB AI Coding Assistant’s sidebar chat feature can deliver block diagrams directly within the VS Code interface rather than just text responses. This capability, combined with easy access to a library of documentation on Microchip microcontrollers and microprocessors streamlines the coding process and helps enhance accuracy.development tools

RER Magazine
Feb 11th, 2025
MEC Aerial Work Platforms Showcases Slab Scissor Lifts, Boom Lifts, Vertical Mast Lifts and More at ARA Show

- Micro 2032 Slab Scissor Lift: Setting a new benchmark with an 800-pound lift capacity, the MEC Micro 2032 is designed for demanding jobsites.

EE Journal
Jan 27th, 2025
Microchip Launches The Next Generation Of Its Low-Noise Chip-Scale Atomic Clock Featuring A Lower Profile Height Of Less Than [1/2] Inch

The Low-Noise Chip-Scale Atomic Clock, model SA65-LN, enables frequency mixing for battery-powered devicesCHANDLER, Ariz., January 27, 2025 — Developers need ultra-clean timing devices for aerospace and defense applications where size, weight, and power (SWaP) constraints are critical. A Chip-Scale Atomic Clock (CSAC) is an essential reference for these systems, providing the necessary precise and stable timing where traditional atomic clocks are too large or power-hungry and where other satellite-based references may be compromised. Microchip Technology (Nasdaq: MCHP) today announces its second generation Low-Noise Chip-Scale Atomic Clock (LN-CSAC), model SA65-LN, in a lower profile height and designed to operate in a wider temperature range, enabling low phase noise and atomic clock stability in demanding conditions. Microchip has developed its own Evacuated Miniature Crystal Oscillator (EMXO) technology and integrated it into a CSAC, enabling the model SA65-LN to offer a reduced profile height of less than ½ inch, while maintaining a power consumption of 295 mW. The new design is optimal for aerospace and defense mission-critical applications such as mobile radar, dismounted radios, dismounted IED jamming systems, autonomous sensor networks and unmanned vehicles due to its compact size, low power consumption and high precision. Operating within a wider temperature range of −40°C to +80°C, the new LN-CSAC is designed to maintain its frequency and phase stability in extreme conditions for enhanced reliability

EE Journal
Jan 27th, 2025
Microchip Launches The Next Generation Of Its Low-Noise Chip-Scale Atomic Clock Featuring A Lower Profile Height Of Less Than ½ Inch

The Low-Noise Chip-Scale Atomic Clock, model SA65-LN, enables frequency mixing for battery-powered devicesCHANDLER, Ariz., January 27, 2025 — Developers need ultra-clean timing devices for aerospace and defense applications where size, weight, and power (SWaP) constraints are critical. A Chip-Scale Atomic Clock (CSAC) is an essential reference for these systems, providing the necessary precise and stable timing where traditional atomic clocks are too large or power-hungry and where other satellite-based references may be compromised. Microchip Technology (Nasdaq: MCHP) today announces its second generation Low-Noise Chip-Scale Atomic Clock (LN-CSAC), model SA65-LN, in a lower profile height and designed to operate in a wider temperature range, enabling low phase noise and atomic clock stability in demanding conditions. Microchip has developed its own Evacuated Miniature Crystal Oscillator (EMXO) technology and integrated it into a CSAC, enabling the model SA65-LN to offer a reduced profile height of less than ½ inch, while maintaining a power consumption of 295 mW. The new design is optimal for aerospace and defense mission-critical applications such as mobile radar, dismounted radios, dismounted IED jamming systems, autonomous sensor networks and unmanned vehicles due to its compact size, low power consumption and high precision. Operating within a wider temperature range of −40°C to +80°C, the new LN-CSAC is designed to maintain its frequency and phase stability in extreme conditions for enhanced reliability

Automation Update
Jan 16th, 2025
New Family of Switchtec(TM) PCIe(R) Gen 4.0 16-Lane Switches Provides Versatility for Automotive and Embedded Computing Applications

Microchip Technology (Nasdaq: MCHP) today announces sample availability of the new PCI100x family of Switchtec(TM) PCIe Gen 4.0 switches in variants to support packet switching and multi-host applications.

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