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    Microchip Technology Incorporated

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    $MCHP
    Semiconductors
    Technology

    Microchip Technology Incorporated develops, manufactures, and sells semiconductor products for various embedded control applications in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded microprocessors markets; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. It also provides development tools that enable system designers to program microcontroller products for specific applications; field-programmable gate array (FPGA) products; and analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products. In addition, the company offers memory products consisting of serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices; and licenses its SuperFlash embedded flash and Smartbits one time programmable NVM technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services. Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.

    IPO Year: 1993

    Exchange: NASDAQ

    Website: microchip.com

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    Recent Analyst Ratings for Microchip Technology Incorporated

    DatePrice TargetRatingAnalyst
    1/28/2026$95.00Neutral → Buy
    BofA Securities
    1/22/2026$90.00Neutral → Outperform
    BNP Paribas Exane
    12/16/2025$85.00Neutral → Overweight
    Cantor Fitzgerald
    12/4/2025$73.00 → $75.00Buy
    Needham
    11/7/2025$65.00 → $60.00Hold
    TD Cowen
    9/15/2025$60.00Equal Weight
    Wells Fargo
    8/8/2025$75.00 → $60.00Hold
    TD Cowen
    7/10/2025$88.00Buy
    Goldman
    6/18/2025$70.00Neutral
    Cantor Fitzgerald
    5/9/2025$60.00 → $65.00Strong Buy
    Raymond James
    See more ratings

    Microchip Technology Incorporated Analyst Ratings

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    Microchip upgraded by BofA Securities with a new price target

    BofA Securities upgraded Microchip from Neutral to Buy and set a new price target of $95.00

    1/28/26 7:11:38 AM ET
    $MCHP
    Semiconductors
    Technology

    Microchip upgraded by BNP Paribas Exane with a new price target

    BNP Paribas Exane upgraded Microchip from Neutral to Outperform and set a new price target of $90.00

    1/22/26 8:21:51 AM ET
    $MCHP
    Semiconductors
    Technology

    Microchip upgraded by Cantor Fitzgerald with a new price target

    Cantor Fitzgerald upgraded Microchip from Neutral to Overweight and set a new price target of $85.00

    12/16/25 8:53:24 AM ET
    $MCHP
    Semiconductors
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    Needham reiterated coverage on Microchip with a new price target

    Needham reiterated coverage of Microchip with a rating of Buy and set a new price target of $75.00 from $73.00 previously

    12/4/25 8:11:48 AM ET
    $MCHP
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    TD Cowen reiterated coverage on Microchip with a new price target

    TD Cowen reiterated coverage of Microchip with a rating of Hold and set a new price target of $60.00 from $65.00 previously

    11/7/25 7:43:58 AM ET
    $MCHP
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    Wells Fargo initiated coverage on Microchip with a new price target

    Wells Fargo initiated coverage of Microchip with a rating of Equal Weight and set a new price target of $60.00

    9/15/25 8:08:40 AM ET
    $MCHP
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    TD Cowen reiterated coverage on Microchip with a new price target

    TD Cowen reiterated coverage of Microchip with a rating of Hold and set a new price target of $60.00 from $75.00 previously

    8/8/25 7:52:49 AM ET
    $MCHP
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    Goldman initiated coverage on Microchip with a new price target

    Goldman initiated coverage of Microchip with a rating of Buy and set a new price target of $88.00

    7/10/25 8:56:49 AM ET
    $MCHP
    Semiconductors
    Technology

    Cantor Fitzgerald initiated coverage on Microchip with a new price target

    Cantor Fitzgerald initiated coverage of Microchip with a rating of Neutral and set a new price target of $70.00

    6/18/25 7:58:25 AM ET
    $MCHP
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    Raymond James reiterated coverage on Microchip with a new price target

    Raymond James reiterated coverage of Microchip with a rating of Strong Buy and set a new price target of $65.00 from $60.00 previously

    5/9/25 11:28:30 AM ET
    $MCHP
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    President, CEO and Chair of Bd Sanghi Steve sold $1,465,883 worth of shares (18,509 units at $79.20) (SEC Form 4)

    4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)

    1/26/26 4:04:08 PM ET
    $MCHP
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    SEC Form 4 filed by CHIEF OPERATING OFFICER Simoncic Richard J

    4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)

    1/6/26 4:24:04 PM ET
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    SEC Form 4 filed by President, CEO and Chair of Bd Sanghi Steve

    4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)

    1/6/26 4:22:08 PM ET
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    SEC Form 4 filed by SR. VP, WW CLIENT ENGAGEMENT Krawczyk Joseph R Ii

    4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)

    1/6/26 4:20:23 PM ET
    $MCHP
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    SEC Form 4 filed by SENIOR VP, OPERATIONS Bunker Mathew B

    4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)

    1/6/26 4:18:32 PM ET
    $MCHP
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    SEC Form 4 filed by SENIOR VP AND CFO Bjornholt James Eric

    4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)

    1/6/26 4:16:35 PM ET
    $MCHP
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    President, CEO and Chair of Bd Sanghi Steve gifted 138,000 shares (SEC Form 4)

    4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)

    12/8/25 4:12:05 PM ET
    $MCHP
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    SENIOR VP AND CFO Bjornholt James Eric sold $216,274 worth of shares (4,292 units at $50.39) (SEC Form 4)

    4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)

    11/26/25 4:27:54 PM ET
    $MCHP
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    CHIEF OPERATING OFFICER Simoncic Richard J exercised 6,899 shares at a strike of $51.70 and covered exercise/tax liability with 2,727 shares (SEC Form 4)

    4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)

    11/19/25 6:30:39 PM ET
    $MCHP
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    President, CEO and Chair of Bd Sanghi Steve exercised 16,986 shares at a strike of $51.70 and covered exercise/tax liability with 7,026 shares (SEC Form 4)

    4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)

    11/19/25 6:28:15 PM ET
    $MCHP
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    Microchip Technology Incorporated SEC Filings

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    Microchip Technology Incorporated filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8-K - MICROCHIP TECHNOLOGY INC (0000827054) (Filer)

    1/5/26 4:27:37 PM ET
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    SEC Form 10-Q filed by Microchip Technology Incorporated

    10-Q - MICROCHIP TECHNOLOGY INC (0000827054) (Filer)

    11/6/25 4:27:11 PM ET
    $MCHP
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    Microchip Technology Incorporated filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8-K - MICROCHIP TECHNOLOGY INC (0000827054) (Filer)

    11/6/25 4:21:06 PM ET
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    Amendment: SEC Form SCHEDULE 13G/A filed by Microchip Technology Incorporated

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    10/31/25 11:04:39 AM ET
    $MCHP
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    Microchip Technology Incorporated filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

    8-K - MICROCHIP TECHNOLOGY INC (0000827054) (Filer)

    8/20/25 4:48:48 PM ET
    $MCHP
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    SEC Form S-8 filed by Microchip Technology Incorporated

    S-8 - MICROCHIP TECHNOLOGY INC (0000827054) (Filer)

    8/7/25 5:11:44 PM ET
    $MCHP
    Semiconductors
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    SEC Form 10-Q filed by Microchip Technology Incorporated

    10-Q - MICROCHIP TECHNOLOGY INC (0000827054) (Filer)

    8/7/25 4:25:07 PM ET
    $MCHP
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    Microchip Technology Incorporated filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8-K - MICROCHIP TECHNOLOGY INC (0000827054) (Filer)

    8/7/25 4:20:13 PM ET
    $MCHP
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    SEC Form DEFA14A filed by Microchip Technology Incorporated

    DEFA14A - MICROCHIP TECHNOLOGY INC (0000827054) (Filer)

    8/4/25 4:32:20 PM ET
    $MCHP
    Semiconductors
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    SEC Form DEFA14A filed by Microchip Technology Incorporated

    DEFA14A - MICROCHIP TECHNOLOGY INC (0000827054) (Filer)

    7/7/25 4:17:05 PM ET
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    Microchip Technology Incorporated Press Releases

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    PIC32CM PL10 MCUs Expand Microchip's Arm® Cortex®-M0+ Portfolio

    CHANDLER, Ariz., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Building on decades of experience in serving embedded applications where low power, affordability and ease of development are critical, Microchip Technology (NASDAQ:MCHP) has added PIC32CM PL10 MCUs to its PIC32C family of Arm® Cortex®-M0+ core devices. PL10 MCUs feature a rich set of Core Independent Peripherals (CIPs), 5V operation, touch capabilities, integrated toolsets and safety compliance. The device family targets high-volume applications including industrial control, building automation, consumer appliances, power tools and sensor-based systems. As part of the company's unified MCU strategy, PL10 devices offer pin-to-pin compatibi

    1/29/26 7:03:00 AM ET
    $MCHP
    Semiconductors
    Technology

    Infleqtion Appoints J. Eric Bjornholt to its Board of Directors

    Microchip Technology CFO brings decades of public-company finance and governance experience Infleqtion, a global leader in quantum sensing and quantum computing powered by neutral-atom technology, announced the appointment of J. Eric Bjornholt to its Board of Directors effective immediately. Bjornholt brings more than three decades of finance and advisory experience, joining Infleqtion as the Company advances toward its planned public listing. The company announced in September that it plans to go public through a business combination with Churchill Capital Corp X (NASDAQ:CCCX) ("Churchill X"), a special purpose acquisition company. Bjornholt currently serves as Chief Financial Officer

    1/27/26 9:00:00 AM ET
    $CCCX
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    Microchip Expands maXTouch® M1 Touchscreen Controller Series for Broader Display Size Coverage

    CHANDLER, Ariz., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Microchip Technology (NASDAQ:MCHP) has again expanded its maXTouch® M1 family of touchscreen controllers to bring reliable and secure touch detection to an even greater range of automotive displays, now covering free-form widescreen format displays up to 42 inches down to small compact screens in the 2 to 5 inch range. The ATMXT3072M1-HC and ATMXT288M1 products are designed to work with a wide variety of display sizes, while supporting emerging technologies such as Organic Light Emitting Diodes (OLEDs) and microLEDs. The M1 controllers utilize Microchip's proprietary Smart Mutual touch acquisition scheme and advanced algorithms to boost t

    1/27/26 7:01:00 AM ET
    $MCHP
    Semiconductors
    Technology

    Microchip Introduces 600V Gate Driver Family for High-Voltage Power Management Applications

    CHANDLER, Ariz., Jan. 21, 2026 (GLOBE NEWSWIRE) -- To meet the demanding needs of high-voltage power management applications, Microchip Technology (NASDAQ:MCHP) today announces the introduction of its 600V Gate Driver portfolio, featuring 12 devices available in half-bridge, high-side/low-side and 3-phase driver configurations. Building on Microchip's power management solutions, these high-voltage gate drivers are designed to facilitate the development of motor control and power conversion systems for industrial and consumer applications. The 600V gate drivers enable fast switching and efficient performance with current drive options from 600 mA to 4.5A. They support 3.3V logic for seamle

    1/21/26 8:00:00 AM ET
    $MCHP
    Semiconductors
    Technology

    Microchip Expands PolarFire® FPGA Smart Embedded Video Ecosystem with New SDI IP Cores and Quad CoaXPress™ Bridge Kit

    CHANDLER, Ariz., Jan. 19, 2026 (GLOBE NEWSWIRE) -- Microchip Technology (NASDAQ:MCHP) has expanded its PolarFire® FPGA smart embedded video ecosystem to support developers who need reliable, low-power, high-bandwidth video connectivity. The embedded vision solution stacks combine hardware evaluation kits, development tools, IP cores and reference designs to help streamline development, strengthen security and accelerate time to market. The stacks include Serial Digital Interface (SDI) Receive (Rx) and Transmit (Tx) IP cores and a quad CoaXPress™ (CXP™) board to support complete video pipelines for applications ranging from medical diagnostics and low-latency imaging to real-time camera con

    1/19/26 7:00:00 AM ET
    $MCHP
    Semiconductors
    Technology

    SST and UMC Announce Immediate Availability of 28nm SuperFlash® Gen 4 Automotive Grade 1 Platform

    SAN JOSE, Calif. and HSINCHU, Taiwan, Jan. 15, 2026 (GLOBE NEWSWIRE) -- As the automotive industry requirements for increasingly performant vehicle controllers relentlessly drives ahead, Silicon Storage Technology® (SST®), a subsidiary of Microchip Technology Inc., (NASDAQ:MCHP) and United Microelectronics Corporation (NYSE:UMC: TWSE: 2303)("UMC"), a leading global semiconductor foundry, announced today that they have completed full qualification and release to production of SST's embedded SuperFlash® Gen 4 (ESF4) with full automotive grade 1 (AG1) capability on UMC's 28HPC+ foundry process platform. SST developed ESF4 in close partnership with UMC to deliver enhanced embedded non-volatil

    1/15/26 7:59:00 AM ET
    $MCHP
    $UMC
    Semiconductors
    Technology

    Microchip Launches Military-Qualified Plastic Transient Voltage Suppressors for Aerospace and Defense Applications

    CHANDLER, Ariz., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Microchip Technology (NASDAQ:MCHP) today announces the release of its JANPTX family of non-hermetic plastic Transient Voltage Suppressor (TVS) devices that meet the MIL-PRF-19500 qualification, offering high-reliability protection for aerospace and defense applications. These TVS devices are the first in the industry to achieve MIL-PRF-19500 qualification in a plastic package, offering engineers a lightweight, cost-effective solution without sacrificing stringent military performance requirements. The JANPTX product line is available in voltage ranges from 5V to 175V and includes five variants: JANPTX1N5555UJ, JANPTX1N5558UG, JANPTX1N5629A

    1/13/26 8:00:00 AM ET
    $MCHP
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    Microchip Releases Custom Firmware For NVIDIA DGX Spark For Its MEC1723 Embedded Controllers

    CHANDLER, Ariz., Jan. 08, 2026 (GLOBE NEWSWIRE) -- Microchip Technology (NASDAQ:MCHP) has announced the release of custom-designed firmware for its MEC1723 Embedded Controller (EC), specifically tailored to support NVIDIA DGX Spark personal AI supercomputers. The software is designed to optimize the MEC1723 EC's capabilities for system management of AI workloads on the NVIDIA DGX platform. By focusing on firmware innovation within its controllers, Microchip is helping to improve performance and security in demanding AI computing architectures. Embedded controllers play an important role in managing power sequencing, alerts and system-level energy regulation. In this application, the MEC17

    1/8/26 7:01:00 AM ET
    $MCHP
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    Microchip Technology Provides Q3 Fiscal 2026 Business Update

    CHANDLER, Ariz., Jan. 05, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today commented that it expects its net sales for third quarter of fiscal 2026 ended December 31, 2025 to be about $1,185 million, well above its original guidance of $1,109 million to $1,149 million provided on November 6, 2025, and its subsequent revised guidance provided on December 2, 2025 of net sales being on the high end of its original guidance. Steve Sanghi, Microchip's CEO and President, commented, "We continue to experience a fairly broad-based recovery in most of our end markets driven by progress w

    1/5/26 4:15:00 PM ET
    $MCHP
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    Microchip Technology to Present at the Barclays 23rd Annual Global Technology Conference

    CHANDLER, Ariz., Dec. 08, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the Barclays 23rd Annual Global Technology Conference on Thursday, December 11, 2025 at 1:20 p.m. (Pacific Time). Presenting for the Company will be Mr. Rich Simoncic, COO, and Mr. Eric Bjornholt, Senior VP and CFO. A live webcast of the presentation will be made available by Barclays, and can be accessed on the Microchip website at www.microchip.com. Any forward looking statements made during the presentation are qualified in their entirety by the discussion of

    12/8/25 4:15:00 PM ET
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    Microchip Technology Incorporated Large Ownership Changes

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    SEC Form SC 13G filed by Microchip Technology Incorporated

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    10/10/24 12:36:28 PM ET
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    SEC Form SC 13G/A filed by Microchip Technology Incorporated (Amendment)

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    2/13/24 5:09:44 PM ET
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    SEC Form SC 13G/A filed by Microchip Technology Incorporated (Amendment)

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    2/14/23 2:12:59 PM ET
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    SEC Form SC 13G/A filed by Microchip Technology Incorporated (Amendment)

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    2/9/23 11:27:43 AM ET
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    SEC Form SC 13G/A filed by Microchip Technology Incorporated (Amendment)

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    SEC Form SC 13G/A filed by Microchip Technology Incorporated (Amendment)

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    2/10/22 8:27:52 AM ET
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    SEC Form SC 13G/A filed

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    2/16/21 12:23:42 PM ET
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    SEC Form SC 13G/A filed

    SC 13G/A - MICROCHIP TECHNOLOGY INC (0000827054) (Subject)

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    SEC Form SC 13G/A filed

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    Microchip Technology Provides Q3 Fiscal 2026 Business Update

    CHANDLER, Ariz., Jan. 05, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today commented that it expects its net sales for third quarter of fiscal 2026 ended December 31, 2025 to be about $1,185 million, well above its original guidance of $1,109 million to $1,149 million provided on November 6, 2025, and its subsequent revised guidance provided on December 2, 2025 of net sales being on the high end of its original guidance. Steve Sanghi, Microchip's CEO and President, commented, "We continue to experience a fairly broad-based recovery in most of our end markets driven by progress w

    1/5/26 4:15:00 PM ET
    $MCHP
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    Microchip Technology Raises Financial Guidance for Sales and EPS for Third Quarter of Fiscal Year 2026

    CHANDLER, Ariz., Dec. 02, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today updated the range of its prior guidance for net sales and GAAP and non-GAAP earnings per share for its third quarter of fiscal 2026 ending December 31, 2025. Microchip now expects its net sales and earnings per diluted share to be at the high end of its previously provided guidance, representing sequential growth of roughly 1% that exceeds the midpoint of our prior guidance which anticipated a sequential decline in net sales. Our revised December 2025 quarter revenue guidance would represent 12% year-over-

    12/2/25 4:10:00 PM ET
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    Microchip Technology Announces Financial Results for Second Quarter of Fiscal Year 2026

    Net sales of $1.140 billion, increased 6.0% sequentially and declined 2.0% from the year ago quarter. The midpoint of our guidance provided on August 7, 2025 was net sales of $1.130 billion.On a GAAP basis: gross profit of 55.9%; operating income of $88.9 million and 7.8% of net sales; net income attributable to common stockholders of $13.9 million; and EPS of $0.03 per diluted share. Our guidance provided on August 7, 2025 was for GAAP EPS loss per diluted share of $0.04 to $0.01.On a Non-GAAP basis: gross profit of 56.7%; operating income of $277.2 million and 24.3% of net sales; net income of $199.1 million; and EPS of $0.35 per diluted share. Our guidance provided on August 7, 2025 was f

    11/6/25 4:15:00 PM ET
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    Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share

    CHANDLER, Ariz., Nov. 06, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on December 9, 2025, to stockholders of record on November 24, 2025. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003. About Microchip: Microchip Technology Inc. is a broadline supplier of semiconductors committed to making innovative design easier through total system solutions that address critical challenges at the in

    11/6/25 4:15:00 PM ET
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    Microchip Technology Announces Financial Results for First Quarter of Fiscal Year 2026

    For the quarter ended June 30, 2025 Net sales of $1.0755 billion, increased 10.8% sequentially and declined 13.4% from the year ago quarter.  The midpoint of our updated guidance provided on May 29, 2025 was net sales of $1.0575 billion.On a GAAP basis: gross profit of 53.6%; operating income of $32.1 million and 3.0% of net sales; net loss attributable to common stockholders of $46.4 million; and loss of $0.09 per diluted share. Our updated guidance provided on May 29, 2025 was for GAAP EPS loss per diluted share of $0.11 to $0.07.On a Non-GAAP basis: gross profit of 54.3%; operating income of $222.3 million and 20.7% of net sales; net income of $154.7 million; and EPS of $0.27 per diluted

    8/7/25 4:15:00 PM ET
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    Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share

    CHANDLER, Ariz., Aug. 07, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on September 5, 2025, to stockholders of record on August 22, 2025. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003. About Microchip: Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio en

    8/7/25 4:15:00 PM ET
    $MCHP
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    Microchip Technology Raises Financial Guidance for Sales and EPS for First Quarter of Fiscal Year 2026

    CHANDLER, Ariz., May 29, 2025 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today updated the range of its prior guidance for net Sales and GAAP and non-GAAP earnings per share for its fiscal first quarter of 2026 ending June 30, 2025. Microchip now expects consolidated net sales for the June quarter to be between $1.045 billion and $1.070 billion. Microchip previously provided guidance on May 8, 2025 of consolidated net sales to be between $1.025 billion and $1.070 billion. GAAP loss per share is now expected to be between $(0.11) and $(0.07), and non-GAAP earnings per share is now expected to be betwe

    5/29/25 4:15:00 PM ET
    $MCHP
    Semiconductors
    Technology

    Microchip Technology Announces Financial Results For Fourth Quarter and Fiscal Year 2025

    For the quarter ended March 31, 2025 Net sales of $970.5 million, declined 5.4% sequentially and 26.8% from the year ago quarter.  The midpoint of our guidance provided on February 6, 2025 was net sales of $960.0 million.On a GAAP basis: gross profit of 51.6%; operating loss of $100.3 million and 10.3% of net sales; net loss attributable to common stockholders of $156.8 million; and loss of $0.29 per diluted share. Our guidance provided on February 6, 2025 was for GAAP loss per diluted share of $0.24 to $0.14 and did not include the restructuring charges that we announced on March 3, 2025 or the preferred stock dividend related to our mandatory convertible preferred stock financing in March

    5/8/25 4:15:00 PM ET
    $MCHP
    Semiconductors
    Technology

    Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share

    CHANDLER, Ariz., May 08, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on June 5, 2025, to stockholders of record on May 22, 2025. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003. About Microchip: Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable cust

    5/8/25 4:15:00 PM ET
    $MCHP
    Semiconductors
    Technology

    Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2025

    Net sales of $1.026 billion, down 11.8% sequentially and down 41.9% from the year ago quarter. Our updated guidance provided on December 2, 2024 was net sales of $1.025 billion.On a GAAP basis: gross profit of 54.7%; operating income of $30.9 million and 3.0% of net sales; net loss of $53.6 million; and loss of $0.10 per diluted share. Our guidance provided on November 5, 2024 was for GAAP earnings (loss) per share of $(0.04) to $0.03 per diluted share. On a Non-GAAP basis: gross profit of 55.4%; operating income of $210.7 million and 20.5% of net sales; net income of $107.3 million; and EPS of $0.20 per diluted share. Our updated guidance provided on December 2, 2024 was for No

    2/6/25 4:15:00 PM ET
    $MCHP
    Semiconductors
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    Microchip Technology Incorporated Leadership Updates

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    High-Accuracy Time Transfer Solution Provides Sub-Nanosecond Time Transfer Up To 800 km Using Long-Haul Optical Networks

    CHANDLER, Ariz., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Governments across the globe are requesting critical infrastructure operators to adopt additional time sources alongside GNSS to enhance resilience and reliability, ensuring uninterrupted operations in the face of potential disruptions or service limitations. Microchip Technology (NASDAQ:MCHP) today announces the release of the TimeProvider® 4500 v3 grandmaster clock (TP4500) designed to deliver sub-nanosecond accuracy for time distribution across 800 km long-haul optical transmission. This innovative solution provides critical infrastructure operators with the missing link the industry has been waiting for in terms of complementary Posit

    10/27/25 8:00:00 AM ET
    $MCHP
    Semiconductors
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    Microchip Technology Appoints Long-Time TSMC Executive Rick Cassidy to Its Board of Directors

    CHANDLER, Ariz., May 02, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Rick Cassidy, Senior Vice President of Corporate Strategy Development at Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) and Chairman of TSMC Arizona, will join the Board of Directors of Microchip effective May 2, 2025. Regarding Mr. Cassidy's appointment to the board, Microchip's President and CEO, Steve Sanghi, said, "We are thrilled to welcome Rick Cassidy to Microchip's Board of Directors. During his nearly three decades at TSMC, Rick has held significant leadership roles which include

    5/2/25 4:15:00 PM ET
    $MCHP
    Semiconductors
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    Microchip Technology Appoints Victor Peng to Its Board of Directors

    CHANDLER, Ariz., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Victor Peng, former President of Advanced Micro Devices, Inc. (AMD), will join the Board of Directors of Microchip effective February10, 2024. Regarding Mr. Peng's appointment to the board, Microchip's President and CEO, Steve Sanghi, said, "Victor most recently served as the President of AMD, a publicly held company that designs and manufactures hardware for high-performance computing. Prior to that, he served Xilinx for 14 years, most recently holding roles of president, CEO, board member. With over 40

    2/4/25 4:49:45 PM ET
    $MCHP
    Semiconductors
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    Introducing the TimeProvider® XT Extension System for Migrating to a Modern Synchronization and Timing Systems Architecture

    CHANDLER, Ariz., June 03, 2024 (GLOBE NEWSWIRE) -- Critical infrastructure communication networks require highly accurate and resilient synchronization and timing, but over time these systems age out and must be migrated to a more modern architecture. Microchip Technology (NASDAQ:MCHP) today announces the new TimeProvider® XT Extension System, a fan-out shelf used with redundant TimeProvider 4100 grandmasters to migrate legacy BITS/SSU equipment to a modular and resilient architecture. The TimeProvider XT provides operators with a clear path to replace existing SONET/SDH frequency synchronization equipment while adding timing and phase, essential for 5G networks. As an accessory device to

    6/3/24 8:00:00 AM ET
    $MCHP
    Semiconductors
    Technology

    Cohu Appoints Karen M. Rapp to its Board of Directors

    Cohu, Inc. (NASDAQ:COHU), a global leader in equipment and services optimizing semiconductor manufacturing yield and productivity, today announced that Karen M. Rapp has been appointed to the Cohu Board of Directors, effective today. Ms. Rapp brings to Cohu's Board of Directors extensive experience in corporate development, financial management, information technology and public company governance. After serving for six years as Executive Vice President and Chief Financial Officer, Ms. Rapp retired in May 2023 from National Instruments Corp., a leading test and measurement instrument and software company. Previously, she was Senior Vice President of Corporate Development at NXP Semiconduc

    5/6/24 4:05:00 PM ET
    $COHU
    $MCHP
    $PLXS
    Electrical Products
    Industrials
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    Microchip Acquires ADAS and Digital Cockpit Connectivity Pioneer VSI Co. Ltd. to Extend Automotive Networking Market Leadership

    CHANDLER, Ariz., April 11, 2024 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (NASDAQ:MCHP) today announces the completed acquisition of Seoul, Korea-based VSI Co. Ltd., an industry pioneer in providing high-speed, asymmetric, camera, sensor and display connectivity technologies and products based on the Automotive SerDes Alliance (ASA) open standard for in-vehicle networking (IVN). The terms of the transaction are not disclosed.  The market size of automotive radar, camera and LiDAR modules is expected to grow by greater than two times between 2022 to 2028 to $27B in revenue, according to Yole Group1. This anticipated growth is driven by the increased adoption of Advanced Driver Assistan

    4/11/24 8:00:00 AM ET
    $MCHP
    Semiconductors
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    Microchip Technology Appoints Rich Simoncic as Chief Operating Officer

    CHANDLER, Ariz., April 02, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that its Board of Directors has appointed Rich Simoncic as Chief Operating Officer effective today. In this position, Mr. Simoncic will report to Ganesh Moorthy, who will remain President and CEO. Rich Simoncic joined Microchip as a new college graduate in 1989 and has had progressively increasing product development, operational and business unit responsibilities. He founded the analog business at Microchip in 1998 and has been instrumental in building it to a more than $2 billion annual reve

    4/2/24 4:15:00 PM ET
    $MCHP
    Semiconductors
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    TimeProvider® 4500 Series is the Industry's First Grandmaster to Provide High-Speed Network Interfaces up to 25 Gbps

    CHANDLER, Ariz., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The operators of critical infrastructure market segments such as 5G telecommunications, power utilities and transportation need to continuously upgrade their networks with technology capable of delivering higher processing speeds and highly accurate time sources that are not dependent on the Global Navigation Satellite System (GNSS) constellations like GPS, GALILEO and QZSS. To provide network operators a terrestrial alternative for distributing very accurate time, Microchip Technology (NASDAQ:MCHP) today announces the new TimeProvider® 4500 grandmaster, a hardware timekeeping platform that provides high-speed network interfaces up to 25 G

    2/14/24 8:00:00 AM ET
    $MCHP
    Semiconductors
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    New 32-Bit MCU Features an Embedded Hardware Security Module to Safeguard Industrial and Consumer Applications

    CHANDLER, Ariz., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Industrial and consumer application designers must consider implementing security functionality in their devices during the development process as security threats evolve and become more sophisticated. To allow designers to easily integrate security into their applications, Microchip Technology (NASDAQ:MCHP) today announces a new family of PIC32CZ CA 32-bit microcontrollers with a 300 MHz Arm Cortex-M7 processor, an integrated Hardware Security Module (HSM), and a wide range of connectivity and Flash memory options for added flexibility. The new family of PIC32CZ CA devices includes the PIC32CZ CA90 with a HSM or the PIC32CZ CA80 without

    10/10/23 8:00:00 AM ET
    $MCHP
    Semiconductors
    Technology