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Founded in 1989, Chandler, Arizona-based Microchip Technology Incorporated (MCHP) develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas and internationally. The company has a market capitalization of $40.6 billion and operates through two segments, Semiconductor Products and Technology Licensing. MCHP offers general-purpose 8-bit, 16-bit, 32-bit, and 64-bit mixed-signal microcontrollers; 32-bit and 64-bit embedded mixed-signal microprocessors and related products for automotive, industrial, computing, and communications applications.
Shares of the semiconductor manufacturer have outperformed the broader market over the past year. MCHP stock has jumped 42.6% over the past 52 weeks and 26% on a year-to-date (YTD) basis. In comparison, the S&P 500 Index ($SPX) has returned 15% over the past year and 1.9% in 2026.