Microchip Technology Incorporated (NASDAQ: MCHP)
Semiconductors · Chandler, AZ, United States · Founded 1989
- Market capitalization: $35.0 billion
- Annual revenue: $5.35 billion
- Net income: $-0.0 billion
- Employees: 22,000
- Sector: Technology
- Headquarters: Chandler, United States
- Founded: 1989
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Microchip Technology is a leading provider of microcontrollers, analog semiconductors, and Flash-IP solutions used in thousands of applications from automotive and industrial to aerospace and consumer electronics. The company's 8-bit and 32-bit microcontrollers are embedded in everything from garage door openers to medical devices to factory automation systems. Microchip serves over 125,000 customers worldwide with a catalog of tens of thousands of products.
Microchip earns revenue from the sale of microcontrollers, analog chips, FPGAs, and memory products. The company's strategy of maintaining products in production for decades creates deep customer loyalty and long product lifecycles that generate steady revenue.
Microchip was spun off from General Instrument Corporation in 1989. Under long-time CEO Steve Sanghi, the company grew through disciplined acquisitions including Atmel (2016) and Microsemi (2018), which added FPGAs and defense-grade semiconductors. The company has completed over 20 acquisitions while maintaining consistent profitability.
| Market Capitalization | $35.0B |
| Annual Revenue | $5.35B |
| Net Income | $-0.0B |
| Revenue per Employee | $243182K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | MCHP |
Financial data is approximate and based on most recent annual filings.
Microchip's products are in so many devices that the average person interacts with dozens of Microchip-powered products daily without knowing it. The company guarantees product availability for a minimum of 15 years—an eternity in the semiconductor industry.
Microchip is the ultimate embedded semiconductor franchise—boring, essential, and deeply entrenched in customer designs. The current inventory correction cycle is painful, but the long-term demand for embedded intelligence in every device is a secular tailwind.
What is Microchip Technology Incorporated's revenue?
Microchip Technology Incorporated generates approximately $5.35 billion in annual revenue.
How many employees does Microchip Technology Incorporated have?
Microchip Technology Incorporated employs approximately 22,000 people worldwide.
What is Microchip Technology Incorporated's market cap?
Microchip Technology Incorporated (MCHP) has a market capitalization of approximately $35.0 billion on the NASDAQ.
When was Microchip Technology Incorporated founded?
Microchip Technology Incorporated was founded in 1989 and is headquartered in Chandler, AZ, United States.
Who is the CEO of Microchip Technology Incorporated?
Ganesh Moorthy is the current CEO of Microchip Technology Incorporated.
What is Microchip Technology Incorporated's website?
Microchip Technology Incorporated's official website is microchip.com.
| CEO | Ganesh Moorthy |
| Sector | Technology |
| Industry | Semiconductors |
| Founded | 1989 |
| HQ | Chandler, AZ |
| Country | United States |
| Website | microchip.com |
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