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With a market cap of $25.7 billion, Microchip Technology Incorporated (MCHP) engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas and internationally. Headquartered in Chandler, Arizona, the company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers, mixed-signal microprocessors, and specialized microcontrollers.
Shares of the semiconductor manufacturer have underperformed the broader market over the past year. MCHP stock has tanked 47.7% over the past 52 weeks and 16.7% on a YTD basis. In comparison, the S&P 500 Index ($SPX) has returned 10.2% over the past year but has dropped 3.9% in 2025.