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Microchip Technology Inc
As of May 30, 2026 at 24:05 UTC
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About Microchip Technology Inc
Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
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Latest News
5 articlesMicrochip Technology has introduced the dsPIC33CK Value Line family of Digital Signal Controllers targeting cost-sensitive real-time control applications. The devices offer up to 100 MHz processing, high-resolution PWM, and 12-bit ADC capabilities at competitive pricing starting at $0.51 per unit with consistent pricing regardless of order volume. The family supports motor control, touch sensing, and precision sensing applications while reducing system complexity and bill-of-materials costs.
Microchip Technology announced the availability of its new 3.3 kV HV-D3 mSiC Power Modules designed to accelerate adoption of solid-state transformers (SSTs) in AI hyperscale data centers. The modules integrate silicon carbide MOSFETs and Schottky diodes in a 62mm package, enabling efficient power delivery from medium-voltage grids directly to server racks. The technology addresses the growing power demands of AI data centers while reducing conversion stages and improving system efficiency.
Everspin Technologies, a producer of magneto-resistive random access memory (MRAM), is positioned as a potential AI edge computing winner with strong Q1 results showing 13.5% YoY revenue growth and expanded margins. The company secured a $40 million defense contract and raised guidance for Q2. However, analysts are split on the stock, and early May price action suggests a near-term correction to the $28 level, with key risks including dependency on government contracts and competition in the non-volatile memory market.
US stocks gained following a stronger-than-expected April non-farm payroll report showing 115k jobs added, well above the 65k forecast. The unemployment rate remained at 4.3% while wage growth slowed slightly. Markets monitored US-Iran tensions near the Strait of Hormuz, though President Trump confirmed the ceasefire remains in effect. Oil prices fell 7% for the week despite earlier spikes above $100 per barrel.
