What Microchip Technology does

Microchip Technology Inc. (NASDAQ: MCHP) is a publicly traded semiconductor company headquartered at 2355 West Chandler Boulevard in Chandler, Arizona, that designs, manufactures, and sells a broad portfolio of embedded control and connectivity silicon. Its offerings span microcontrollers (PIC, AVR, SAM, dsPIC), microprocessors (32-bit SAM9/SAMA5/SAMA7 and the 64-bit PIC64-HPSC in testing), FPGAs (PolarFire SoC and RTG4, plus the legacy Actel line), analog and mixed-signal ICs, RF and microwave, power management including silicon-carbide modules, clock and timing systems (TimePictra 12 software, DSA504RT generators, MHM-2020 hydrogen maser), security controllers (TrustFLEX, Trust Shield TS1800/TS50x), high-speed networking (LAN878x/LAN888x SPE PHYs, XpressConnect PCIe 6.0/CXL 3.1 retimers), and storage controllers (Flashtec NVMe, Adaptec). The silicon portfolio — 2,355+ parametrically searchable MCUs alone — is tied together by an MPLAB development ecosystem that includes an AI Coding Assistant, the Discover semantic search platform, and the Harmony v3 software framework.

The company generates revenue primarily through unit-priced hardware sales across industrial, data center and AI infrastructure, aerospace and defense, automotive, communications, and consumer verticals. Roughly half of revenue is exposed to industrial end markets, while data center and compute is the fastest-growing segment at 18–19% of revenue. Pricing is publicly listed for selected parts (e.g., the dsPIC33CK Value Line DSC at $0.51 per unit) but quote-based for higher-value silicon such as FPGAs, SiC modules, and secure elements; TimePictra software is sold under subscription or license, and a long-term foundry services agreement with Everspin Technologies adds a professional services revenue stream for MRAM manufacturing. Distribution is omnichannel: microchipDIRECT (owned e-commerce storefront), authorized global distributors such as DigiKey, an inside-sales and applications-engineering team, and a worldwide field-sales organization covering the Americas, EMEA, and APAC.

For fiscal year 2026 (ended March 31, 2026), Microchip reported record net sales of $4.713 billion, up 7.1% year-over-year, with Q4 FY2026 revenue of $1.311 billion up 35.1% year-over-year. The company is the world's largest microcontroller supplier by some third-party accounts with approximately 13% global MCU market share, and operates QML MIL-PRF-38535 Classes Q, V, and Y-certified manufacturing in Nantes, France and San Jose, California for space and defense customers. Microchip has paid quarterly dividends continuously since Q3 FY2003 and currently distributes $0.455 per share, while funding growth and shareholder returns through a mix of operating cash flow and recurring convertible debt offerings, including a $1.1 billion issuance in May 2024 and an upsized $800 million issuance in February 2026.

Name

Microchip Technology

Legal name

Microchip Technology Inc.

Website

https://microchip.com

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Microchip Technology (NASDAQ: MCHP) designs and manufactures microcontrollers, microprocessors, FPGAs, analog, timing, security, and power semiconductors for industrial, data center/AI, aerospace/defense, automotive, and communications customers globally, with FY2026 net sales of $4.713 billion.

Ownership category

akta.pro rank

Product category

Embedded Semiconductors

NAICS

Semiconductor and Related Device Manufacturing (334413)

SIC

Semiconductors & Related Devices (3674)

akta.pro primary industry

General-Purpose Logic & Microcontrollers (MCU/MPU) (HDAHAAAA)

akta.pro secondary industries

Compute & Acceleration ICs (CPU/GPU/AI/FPGA/ASIC) (HDAHABAC), Networking & Data Center Silicon (Switch/NIC/DPU/SerDes) (HDAHABAB)

Keywords

• Microcontroller semiconductors
• Embedded control solutions
• FPGA programmable logic
• Mixed-signal analog ICs
• Automotive embedded silicon

Headquarters

HQ city

Chandler

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Semiconductor product sales: Sales of MCUs, MPUs, DSPs, FPGAs, analog, mixed-signal, connectivity, security, timing, and SiC power devices — the core one-time / volume hardware revenue stream driving the $4.713B FY2026 net sales figure.
2. Foundry, packaging & frequency-control services: Professional services revenue from foundry agreements (e.g., long-term foundry services agreement with Everspin Technologies to manufacture MRAM products for defense programs) and packaging/frequency-control services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels13 records

Core offering

Microchip Technology designs, manufactures and sells a broad portfolio of embedded control semiconductors, including 8/16/32-bit microcontrollers (PIC, AVR, dsPIC, SAM), 32-bit and 64-bit microprocessors (including the NASA co-developed PIC64-HPSC), FPGAs (PolarFire, RTG4), analog and mixed-signal ICs, SiC power modules, precision clock and timing devices, security controllers, connectivity PHYs, and storage controllers. It also sells its TimePictra synchronization management software platform and provides foundry services to defense supply chain partners.

Product overview

Microchip Technology offers a broad portfolio of semiconductor and system solutions rather than a single unified product. The portfolio spans microcontroller families (PIC, AVR, SAM, dsPIC — including the new dsPIC33CK Value Line), microprocessors (32-bit SAM9/SAMA5/SAMA7 and the 64-bit PIC64-HPSC in testing), FPGAs (PolarFire SoC, RTG4, plus the legacy Actel line), analog/mixed-signal, RF and microwave, power management including SiC (HV-D3 mSiC modules), clock and timing systems (TimePictra 12 platform, DSA504RT, MHM-2020 hydrogen maser, EX-423 EMXO), data converters, interface, and wireless connectivity, security (Trust Platform/TrustFLEX and Trust Shield TS1800/TS50x controllers), high-speed networking (LAN878x/LAN888x SPE PHY, XpressConnect PCIe 6.0/CXL 3.1 retimers), and storage (Flashtec NVMe controllers and Adaptec). These silicon families are tied together by software platforms — MPLAB AI Coding Assistant, MPLAB Discover, and MPLAB Harmony v3 — and the miMicrochip customer portal, and are augmented by acquired brands including Microsemi, Atmel, Vectron, Micrel, Actel, Neuronix AI Labs, and Adaptec.

Differentiator

Problem solved

Functional benefit

Brands

• Adaptec: Storage adapters, HBAs, SmartRAID adapters, cables and accessories retained from the Adaptec acquisition.
• PolarFire
• maXTouch
• GestIC
• BlueSky
• Flashtec
• Tachyon
• XpressConnect
• MPLAB
• Mi-V
• ClockWorks
• Trust Platform / TrustFLEX / Trust Shield

Products and services

• Microcontrollers (PIC, AVR, SAM, dsPIC families) Broad portfolio of 8-bit PIC/AVR, 16-bit PIC, 32-bit ARM Cortex-M based SAM and MIPS-based PIC32 microcontrollers, plus dsPIC digital signal controllers, used by embedded engineers for industrial, automotive, consumer and IoT designs.
• dsPIC33CK Value Line Digital Signal Controllers Low-cost 16-bit DSCs targeting digital power conversion, motor control and general-purpose embedded applications; AEC-Q100 Grade 1 qualified.
• 32-bit and 64-bit Microprocessors (SAM9, SAMA5, SAMA7, 64-bit MPUs) 32-bit ARM-based and 64-bit microprocessor families delivering higher application processing performance for industrial, automotive and consumer embedded platforms.
• PIC64-HPSC High-Performance Spaceflight Computing Processor Radiation-hardened 64-bit microprocessor co-developed with NASA under the HPSC program, targeting next-generation onboard computing and AI for autonomous spacecraft.
• PolarFire SoC FPGAs Low-power, mid-range SoC FPGAs built on RISC-V, integrating deterministic Linux-capable application processing with FPGA fabric, supported by the Mi-V ecosystem.
• RTG4 FPGAs Radiation-tolerant FPGAs targeted at space and high-altitude applications requiring high reliability in radiation environments.
• TimePictra 12 Synchronization Management Software Software platform for management of synchronized timing networks, used by service providers and critical infrastructure operators to monitor and control Microchip precision time and frequency products.
• DSA504RT Radiation-Tolerant Clock Generator Radiation-tolerant six-output programmable clock generator for aerospace and defense applications, delivering jitter performance as low as 200 femtoseconds.
• MHM-2020 Active Hydrogen Maser Active hydrogen maser providing ultra-stable frequency reference for timekeeping and metrology applications, manufactured at Microchip's Tuscaloosa, Alabama facility.
• EX-423 Evacuated Miniature Crystal Oscillator (EMXO) EMI-hardened evacuated miniature crystal oscillator offering enhanced phase noise and stability performance in a small footprint, replacing traditional quartz oscillators in aerospace, defense and industrial designs.
• XpressConnect PCIe 6.0 and CXL 3.1 Retimers High-speed signal retimer family supporting PCIe Gen 6 and CXL 3.1 for AI infrastructure and data-center interconnects.
• LAN878x / LAN888x Single Pair Ethernet PHY Transceivers Single-pair Ethernet (10BASE-T1S, 100BASE-T1, 1000BASE-T1) PHYs and transceivers enabling IEEE 802.3cg compliant long-reach automotive and industrial Ethernet links, certified to ISO 26262 ASIL B.
• 3.3 kV HV-D3 mSiC Power Modules High-voltage silicon-carbide power modules for renewable energy, traction and industrial drives.
• Trust Shield TS1800 and TS50x Security Controllers Post-quantum-cryptography-ready secure elements providing hardware root-of-trust, secure boot, key storage and authentication for connected and embedded devices.
• TrustFLEX Security Platform Pre-provisioned security platform providing certificate-based authentication and secure connectivity out of the box for IoT and embedded designs.
• Flashtec NVMe Controllers Enterprise-grade NVMe SSD controllers for high-performance data center storage, sold under the Flashtec brand.
• maXTouch Touchscreen Controllers Touchscreen controller product family for consumer, automotive and industrial touch interfaces, sold under the maXTouch brand.
• Adaptec Storage Adapters and RAID Controllers Storage adapters, HBAs, RAID controllers and accessories for enterprise storage, sold under the Adaptec brand retained from the acquisition.

Named customers4 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability7 records

Feature10 records

Partnerships

Six partnerships are on record, tiered flagship, core and minor.

• NASAflagshipStrategic or Co-development PartnerMicrochip is co-developing the PIC64-HPSC (High Performance Spaceflight Computing) processor with NASA under the HPSC program. The radiation-hardened 64-bit processor targets next-generation onboard computing for autonomous space missions and is the centerpiece of Microchip's space-grade MPU roadmap.
• Sidus SpacecoreStrategic or Co-development PartnerSidus Space is building its Fortis next-generation Command & Data Handling system on Microchip's 3U OpenVPX single-board computer, leveraging PolarFire-based processing to deliver SOSA/MOSA-aligned hardware. The collaboration is showcased by Microchip as a flagship space-grade design win.
• Everspin TechnologiescoreStrategic or Co-development PartnerMicrochip and Everspin entered a long-term foundry services agreement under which Microchip manufactures Everspin's MRAM products, supporting defense-program demand. The agreement positions Microchip as a foundry partner of choice for non-volatile memory in U.S. defense supply chains.
• University of Alabama (Quantime Laboratory)coreImplementation/ SI/ Consulting PartnerMicrochip operates a 15,000 sq ft precision-timing and hydrogen-maser manufacturing facility at the University of Alabama's Quantime Laboratory and runs the MASTERs 2026 industry/academia program there, advancing hydrogen-maser technology and talent development.
• Galgotias UniversityminorGTM or Marketing PartnerGalgotias University is referenced as an industry/academia partner of Microchip Technology, supporting talent development and outreach in embedded systems and semiconductor engineering in India.
• DigiKey ElectronicscoreChannel Partner/ Reseller/ DistributorDigiKey is one of Microchip's named authorized global distributors, stocking Microchip MCUs, FPGAs, analog, development tools and reference designs for engineers and SMB buyers worldwide.

Scale indicators13 records

Recent moves8 records

Expansion highlights7 records

Broad incumbents

• Texas Instruments: Texas Instruments is the largest analog and embedded processor incumbent, with a deep MCU portfolio (MSP430, Tiva, C2000) and massive captive fab capacity. It directly competes with Microchip across MCUs, analog, and embedded, but at significantly larger scale.
• Analog Devices: Analog Devices is a broad analog and mixed-signal incumbent with a growing embedded footprint post-Maxim, overlapping with Microchip in analog, signal chain, and increasingly in industrial/automotive embedded — and is frequently cited by sell-side as a direct comparison to MCHP.
• Marvell Technology: Marvell is a data-center and networking silicon incumbent (custom silicon, DSPs, PHYs, PCIe retimers) that increasingly overlaps with Microchip's XpressConnect PCIe 6.0/CXL 3.1 retimers and high-speed networking push into AI infrastructure.
• Broadcom: Broadcom is a broad semiconductor and infrastructure software incumbent with growing AI/custom-silicon and networking exposure that competes with Microchip at hyperscaler accounts for retimers, networking, and high-speed interconnect sockets.

Direct peers

• NXP Semiconductors: NXP is a leading automotive and industrial MCU/MPU supplier (Kinetis, LPC, i.MX, S32K) and competes directly with Microchip's SAM/PIC32 families in long-lifecycle embedded designs, particularly in automotive body electronics and industrial control.
• STMicroelectronics: STMicroelectronics offers STM32 (ARM Cortex-M) MCUs and a broad portfolio of analog, SiC power, and timing products that compete head-to-head with Microchip's PIC/AVR/SAM MCUs, dsPIC DSCs, and HV-D3 SiC modules in industrial and automotive.
• Infineon Technologies: Infineon is a global leader in power semiconductors and automotive MCUs (AURIX, PSoC, XMC) and competes directly with Microchip in SiC power modules, automotive MCUs, and functional-safety certified silicon.
• Renesas Electronics: Renesas is one of the world's largest MCU suppliers (RL78, RX, RA, RH850) and a direct peer in automotive and industrial MCUs, with significant overlap in long-lifecycle, functional-safety applications where Microchip also competes.
• ON Semiconductor: ON Semiconductor competes with Microchip across SiC power modules, analog, and automotive/industrial MCUs, with comparable exposure to xEV traction inverters and industrial motor control — a relevant peer for Microchip's SiC and analog portfolio.
• Silicon Labs: Silicon Labs is a focused IoT/embedded silicon vendor (EFM32 Gecko MCUs, wireless SoCs) that overlaps with Microchip's PIC/AVR/SAM MCU families and wireless connectivity in IoT and edge applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks2 records

Key highlights7 records

Customer concentration

• Xx.com/microchiptech
• YouTubeyoutube.com/user/MicrochipTechnology
• Facebookfacebook.com/microchiptechnology
• LinkedInlinkedin.com/company/microchip-technology
• Instagraminstagram.com/microchiptechnologyinc

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries8 records

Funding overview

Funding rounds6 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A21 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Microchip Technology