Microchip Technology

Provides embedded systems hardware and software

Chandler, Arizona, United States

About Microchip Technology

Microchip Technology Inc. provides a wide range of hardware, software, and tools for embedded applications, including microcontrollers, FPGAs, silicon carbide solutions, and analog products. Their offerings cater to various industries such as automotive, industrial, consumer electronics, aerospace, and telecommunications, serving clients from large corporations to individual developers. Microchip stands out in the competitive semiconductor market by offering an extensive product range and a strong support ecosystem, which includes educational programs and a community for engineers. The company primarily operates on a business-to-business model, generating revenue through the sale of hardware components, software licenses, and consulting services, with the goal of being a key provider of embedded system solutions.

Chandler, ArizonaHeadquarters
1989Year Founded
$168.3MTotal Funding
IPOCompany Stage
Consulting, Hardware, EducationIndustries
10,001+Employees

Benefits

Health Insurance
401(k) Retirement Plan
Stock Options
Performance Bonus
Employee Stock Purchase Plan

Risks

Rapid advancement in microchip technology may outpace Microchip's current offerings.
Closure of the Tempe plant in 2025 could disrupt operations and affect revenue.
Issuance of $2 billion in Senior Notes may increase financial leverage and risk.

Differentiation

Microchip offers a comprehensive range of embedded system solutions across multiple industries.
The company provides robust support through educational programs and technical learning centers.
Microchip's diverse product portfolio includes microcontrollers, FPGAs, and silicon carbide solutions.

Upsides

Growing demand for silicon carbide solutions in electric vehicles boosts Microchip's market potential.
Collaboration with NVIDIA enhances real-time edge AI capabilities for advanced sensor systems.
Expansion of FPGA and SoC solutions in medical imaging and robotics increases market opportunities.

Funding

Total raised$168.28 M
StageIPO
POST IPO DEBT
11/30/2024
$2.0 K
POST IPO CONVERTIBLE
4/30/2024
$1.1 K
POST IPO EQUITY
6/30/2016
$1