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Microchip Technology - Wikipedia

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American integrated circuit company

This article is about the company called "Microchip Technology". For the technological device commonly known as a "microchip", see

.

Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.

Its corporate headquarters is located in Chandler, Arizona. Its wafer fabs are located in Gresham, Oregon, and Colorado Springs, Colorado. The company's assembly/test facilities are in Chachoengsao, Thailand, and Calamba and Cabuyao, Philippines.

Microchip Technology offers support and resources to educators, researchers and students in an effort to increase awareness and knowledge of embedded applications.^[2][3][4]

Microchip Technology was founded in 1987 when General Instrument spun off its microelectronics division as a wholly owned subsidiary.^[5][6] The newly formed company was a supplier of programmable non-volatile memory, microcontrollers, digital signal processors, card chip on board, and consumer integrated circuits. An initial public offering (IPO) later in the year was canceled because of the October 1987 stock market crash.^[5]

Microchip Technology became an independent company in 1989 when it was acquired by a group of venture capitalists led by Sequoia Capital.^[7] In the same year, Microchip Technology announced the release of small, inexpensive 8-bit reduced instruction set computing (RISC) microcontrollers for $2.40 apiece, whereas most RISC microcontrollers were 32-bit devices selling for hundreds of dollars.^[8]

In 1990, 60% of Microchip Technology's sales were from the disc drive industry and the product portfolio relied heavily on commodity EEPROM products.^[9] The company was losing US$2.5 million per quarter, had less than 6 months of cash in reserve, had exhausted lines of credit, and was failing to control expenses. Early in the year, the venture capital investors accepted an offer to sell Microchip Technology to Winbond Electronics Corporation of Taiwan for $15M. Winbond Electronics backed out of the deal after the Taiwanese stock market decreased in May 1990. Vice President of Operations, Steve Sanghi, was named president and chief operating officer of Microchip Technology in 1990.^[5] After several quarters of losses, Sanghi oversaw Microchip Technology's transition from selling commodity-based products to specialized chips, such as the RISC technology.

Microchip Technology conducted an IPO in 1993, which Fortune magazine cited as the best performing IPO of the year with a stock appreciation of 500% and over $1bn in market capitalization.^[10] At the end of 2015, Microchip Technology posted its 100th consecutive quarter of profitability.^[11]

In March 2021, Sanghi was replaced as CEO by Ganesh Moorthy.

In March 2024, Microchip furloughed production staff and non-manufacturing employees were forced to take a pay-cut for two weeks.^[12] This was done again in June.^[13] In late November, Moorthy retired as CEO and Steve Sanghi was appointed interim CEO.^[14] In early December of that year, Sanghi announced the closure of Fab 2 in Tempe, Arizona and also announced that Microchip would suspend its application for CHIPS and Science Act funding.^[15][16] On February 10, 2025, Microchip announced that they would again furlough employees intermittently throughout the rest of the year.^[17]

• In 1995, Microchip acquired KeeLoq technology from Nanoteq of South Africa for $10M in cash. Microchip Technology used the purchase to create the Secure Data Products Group.
• On May 24, 2000, Microchip acquired a wafer fab in Puyallup, Washington that was formerly owned by Matsushita Electric Industrial Company.^[18][19][20] On October 19, 2007, due to the great recession, the facility, known as Fab 3, was sold for $30M from an unsolicited offer.^[21][22]
• On October 27, 2000, Microchip purchased TelCom Semiconductor of Mountain View, California for $300M.^[23]
• In 2002, Microchip acquired a wafer fab in Gresham, Oregon from Fujitsu for $183.5M. This fab became, and still is, Microchip's largest and is known as Fab 4.^[24]
• On October 15, 2008, Microchip acquired Hampshire Company, a company that sold large-format universal touch screen controller electronics and related software.^[25][26]
• On February 20, 2009, Microchip acquired Australia-based HI-TECH Software.^[27]
• On January 11, 2010, Microchip acquired Thomas H. Lee's Sunnyvale, California-based ZeroG Wireless for an undisclosed amount after a year-long partnership. The deal allowed Microchip to provide a Wi-Fi product for their PIC microcontrollers.^[28][29][30]
• In April 2010, Microchip completed the acquisition of Silicon Storage Technology (SST) from for about $292M. Microchip and Cerberus Capital Management both made offers for the company. Microchip sold several SST flash memory assets back to Bing Yeh, co-founder of SST, to another one his companies the next month.^[31][32]
• In 2012, Microchip acquired German-based Ident Technology AG, California based Roving Networks, and Standard Microsystems Corporation.^{[33][34][35][36]}
• On June 3, 2013, Microchip acquired Novocell Semiconductor, Inc. through its Silicon Storage Technology (SST) subsidiary.^[37][38]
• In 2014, Microchip acquired Supertex, Inc and Belgian-based EqcoLogic on February 10,^{[39][40][41][42]} and Taiwan-based ISSC Technologies on May 22.^[43][44]
• On August 3, 2015, Microchip acquired IC manufacturer Micrel for about $839M.^[45][46]
• In January 2016, Microchip purchased San Jose, California-based Atmel for $3.56bn. JPMorgan Chase advised Microchip while Qatalyst Partners advised Atmel.^{[47][48][49][50]}
• In May 2018, Microchip acquired Microsemi Corporation.^[51]
• In October 2020, Microchip acquired New Zealand-based Tekron International Limited for an undisclosed amount.^[52]
• In April 2024, Microchip acquired both South Korea-based VSI Co. Ltd.^[53] and Neuronix AI Labs.^[54]

Microchip offers 8, 16, and 32-bit microcontrollers including PIC and AVR microcontrollers, microprocessors, analog power management and conversion, CAN and LIN serial communication interface devices, high-voltage MEMS and piezoelectric drivers, ultrasound multiplexers, digital signal controllers, embedded controllers, memory products (including serial EEPROM, serial SRAM, serial flash, serial NvSRAM, serial EERAM, parallel EEPROM, parallel one-time programmable flash, parallel flash and CryptoMemory devices.)^{[55][56][57][58][59][60][61][62][63][64]}

Microchip also offers custom programming, AI coding assistant,^[65] hardware and software development tools and reference designs.^[66][67] Available reference designs include complete systems, subsystems or functions which are purpose-built and include design files, software and support.

Microchip crypto element devices that provide authentication, data integrity, and confidentiality in a variety of applications, such as disposables, accessories and nodes;^[56] Timing, communication and real-time clock and calendar products;^[68][69] USB products;^[70] Power Management Integrated Circuits (PMICs);^[71] and networking products including ethernet interface and wireless products.^[72][73][74]

In April 2009, Microchip Technology announced the nanoWatt XLP microcontrollers, claiming the world's lowest sleep current.^[75] Microchip Technology had sold more than 6 billion microcontrollers as of 2009.^[76] As of 2011, Microchip Technology ships over a billion processors every year. In September 2011, Microchip Technology shipped the 10 billionth PIC microcontroller.^[77][78]

Closed April 2003.

Closed November 2024.

• Companies portal

• ATtiny microcontroller comparison chart
• AVR microcontrollers
• KeeLoq
• MiWi
• MPLAB devices
• MPLAB
• PIC microcontrollers
• PICkit
• UNI/O

1. ^ "Microchip Technology Inc. FY 2025 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 2025-05-23.
2. ^ "Microchip Technology Creates New Academic Partner Program". Businesswire (Press release). Retrieved 20 April 2020.
3. ^ "Academic Program" (PDF). microchip.com. Retrieved 14 April 2020.
4. ^ "Microchip Technology's Academic Program". Retrieved 14 April 2020.
5. ^ ^{a b c} Fisher, Lawrence M. (27 August 1990). "Microchip Technology Names New President". The New York Times.
6. ^ "General Instrument Microelectronics Renamed Microchip Technology Incorporated as Wholly Owned Subsidiary" (PDF) (Press release).
7. ^ "Microchip Technology becomes Independent Company" (PDF) (Press release).
8. ^ "Muscular Chips With a Lighter Price". The New York Times. 29 November 1989.
9. ^ Jones, Michael; Sanghi, Steve (2006). Driving Excellence: How The Aggregate System Turned Microchip Technology from a Failing Company to a Market Leader. Hoboken, New Jersey: John Wiley & Sons. p. 3-5. ISBN 9780471784845.
10. ^ Jones, Michael; Sanghi, Steve (2006). Driving Excellence: How The Aggregate System Turned Microchip Technology from a Failing Company to a Market Leader. Hoboken, New Jersey: John Wiley & Sons. p. 8-11. ISBN 9780471784845.
11. ^ "Microchip Technology marks profit milestone: 100 straight quarters". azcentral.com.
12. ^ Oregonian/OregonLive, Mike Rogoway | The (2024-01-11). "Computer chip maker announces furloughs at Oregon factory days after landing $72 million from feds". oregonlive. Retrieved 2025-01-04.
13. ^ Oregonian/OregonLive, Mike Rogoway | The (2024-05-07). "Microchip will furlough Oregon factory workers again as sales plunge 40%". oregonlive. Retrieved 2025-01-04.
14. ^ "Microchip Technology (MCHP) Announces Leadership Transition with". www.gurufocus.com. Retrieved 2025-01-04.
15. ^ Wiles, Russ. "Microchip's closing of Tempe fab: What to know about impact on 500 workers". The Arizona Republic. Retrieved 2025-01-04.
16. ^ Oregonian/OregonLive, Mike Rogoway | The (2024-12-06). "Microchip, closing factory and cutting jobs, steps back from deal for federal expansion subsidies". oregonlive. Retrieved 2025-01-04.
17. ^ Oregonian/OregonLive, Mike Rogoway | The (2025-02-10). "Microchip expects intermittent furloughs for Gresham factory workers throughout 2025". oregonlive. Retrieved 2025-02-11.
18. ^ News, Bloomberg (25 May 2000). "Company news; Microchip to buy chip plant from Matsushita". The New York Times (Press release). Retrieved 29 April 2020.
19. ^ "Microchip Technology to acquire Puyallup, Washington, wafer facility" (PDF) (Press release). Retrieved 29 April 2020.
20. ^ "Arizona chip maker buys Puyallup plant". Seattle Daily Journal of Commerce. Retrieved 29 April 2020.
21. ^ "Microchip Technology Announces the Sale of Fab 3 in Puyallup, Washington". Microchip (Press release). Retrieved 12 March 2025.
22. ^ "Microchip Unloads Idle Puyallup Plant for $30M". Northwest Innovation. Retrieved 29 April 2020.
23. ^ "Microchip to acquire TelCom for $300 million in stock". EE Times. 27 October 2000. Retrieved 30 April 2020.
24. ^ "Microchip to buy Fujitsu fab for $183.5 million | Semiconductor Digest". Retrieved 2025-01-04.
25. ^ "Microchip Technology Acquires Hampshire Company". Thomas Publishing Company. Retrieved 29 April 2020.
26. ^ "Microchip Technology acquires Hampshire Company" (PDF) (Press release). Retrieved 29 April 2020.
27. ^ "Microchip Technology Acquires HI-TECH Software". 26 May 2009.
28. ^ "Microchip buys ZeroG Wireless". EDN. 11 January 2010. Retrieved 1 May 2020.
29. ^ "Microchip buys ZeroG Wireless". CIOL. Retrieved 1 May 2020.
30. ^ "Microchip Technology Acquires ZeroG Wireless" (PDF) (Press release). Retrieved 1 May 2020.
31. ^ Mark LaPedus (April 8, 2010). "Microchip completes SST acquisition". EE Times. Retrieved October 1, 2013.
32. ^ "Microchip Tech Sews Up Silicon Storage Deal". New York Times Deal Book. April 9, 2010. Retrieved October 1, 2013.
33. ^ Clarke, Peter (2 May 2012). "Microchip tips gesture firm buy in profitable quarter". EETimes. Retrieved 13 April 2020.
34. ^ Comerford, Richard (21 August 2014). "The Story behind the Story: Microchip Technology's MGC3130 e-field 3D gesture controller". Electronic Products. Retrieved 13 April 2020.
35. ^ "Microchip Technology Acquires Roving Networks". Businesswire. 19 April 2012. Retrieved 13 April 2020.
36. ^ "Microchip Technology and SMSC announce the completion of the acquisition of SMSC by Microchip Technology" (Press release). Retrieved 2025-03-12.
37. ^ "Microchip Acquires Novocell Semiconductor". AZ Big Media. 3 June 2013. Retrieved 13 April 2020.
38. ^ "Microchip Technology Subsidiary SST and Novocell Semiconductor Announce Acquisition of Novocell by SST". Businesswire (Press release). Retrieved 13 April 2020.
39. ^ "Microchip Technology Acquires EqcoLogic". Business Wire (Press release). Retrieved 9 April 2020.
40. ^ "Microchip Acquires EqcoLogic". Yahoo! Finance. Retrieved 9 April 2020.
41. ^ "Microchip Technology Acquires EqcoLogic" (PDF) (Press release). Retrieved 9 April 2020.
42. ^ "Microchip Technology and Supertex announce the completion of the acquisition of Supertex by Microchip Technology" (Press release). Retrieved 12 March 2025.
43. ^ "Microchip Technology announces acquisition of ISSC Technologies" (Press release). Retrieved 12 March 2025.
44. ^ "Microchip Technology Completes ISSC Technologies Tender Offer" (Press release). Retrieved 12 March 2025.
45. ^ "Microchip Technology Completes Micrel Acquisition". Power Electronics. 12 August 2015. Retrieved 8 April 2020.
46. ^ "Microchip Technology and Micrel announce the completion of the acquisition of Micrel by Microchip Technology" (Press release). Retrieved 12 March 2025.
47. ^ "Microchip To Buy Atmel in Latest Semiconductor Deal". Fortune. January 20, 2016.
48. ^ Assis, Claudia (19 January 2016). "Microchip Technology buys chip maker Atmel in $3.56 billion deal". MarketWatch. Retrieved 2016-01-21.
49. ^ By (20 January 2016). "Microchip To Acquire Atmel for $3.56 Billion". Hackaday. Retrieved 2016-01-21.
50. ^ Picker, Leslie (2016-01-19). "Microchip Technology to Buy Atmel for Nearly $3.6 Billion". The New York Times. ISSN 0362-4331. Retrieved 2016-01-21.
51. ^ "Microchip Technology to acquire Microsemi" (PDF) (Press release). Retrieved 2025-03-12.
52. ^ "Electronics Supply Chain Solutions | Sourceability".
53. ^ "Microchip Acquires ADAS and Digital Cockpit Connectivity Pioneer VSI Co. Ltd. to Extend Automotive Networking Market Leadership". Engineering Update. 2024-04-15. Retrieved 2 June 2024.
54. ^ O'Shea, Dan (23 April 2024). "Microchip buys Neuronix AI Labs, matching FPGAs, computer vision". Fierce Electronics.
55. ^ "Focus Product Selector Guide" (PDF). Microchip Technology. Retrieved 14 April 2020.
56. ^ ^{a b} "Embedded Security Solutions". Retrieved 14 April 2020.
57. ^ "16-bit PIC® Microcontrollers Family Overview". Retrieved 7 April 2020.
58. ^ "Product of the Year Story Behind the Story: Microchip Technology PIC24F/H 16-bit microcontrollers". Electronic Products. December 2006. Retrieved 20 April 2020.
59. ^ "Industry's Broadest and Most Innovative 32-bit Microcontroller (MCU) Portfolio". Retrieved 8 April 2020.
60. ^ "Microchip Technology Extends PIC Microcontroller Line to 32 Bits With New PIC32 Family". Embedded Computing Design. Retrieved 14 March 2025.
61. ^ "Mixed-Signal, Linear, Interface and Power Products to Complete Any System". Retrieved 14 April 2020.
62. ^ "PIC24F 16-bit Microcontroller". Retrieved 20 April 2020.
63. ^ "Focus Product Selector Guide" (PDF). Retrieved 5 May 2020.
64. ^ "World's Most Reliable Memory". Retrieved 16 April 2020.
65. ^ Liptai, Amber (February 19, 2025). "Artificial Intelligence Meets Embedded Development with Microchip's MPLAB® AI Coding Assistant".
66. ^ "Development Tools". Retrieved 7 April 2020.
67. ^ In-Circuit Serial Programming™ (ICSP™) Guide (PDF), 2003 [2003]
68. ^ "Clock and Timing". Retrieved 14 April 2020.
69. ^ "A Feature-Rich, Low-Cost Timekeeping Solution". Retrieved 17 March 2025.
70. ^ "Microchip's USB Portfolio". Retrieved 17 March 2025.
71. ^ "PMIC - Power Management ICs | Microchip Technology". www.microchip.com. Retrieved 2022-11-27.
72. ^ "Microchip's Ethernet Portfolio". Retrieved 16 April 2020.
73. ^ "Wireless Connectivity Solutions". Retrieved 16 April 2020.
74. ^ "Microchip Technology Wireless Connectivity". Retrieved 20 April 2020.
75. ^ Quick, Darren (April 30, 2009). "nanoWatt XLP Microcontrollers claim world's lowest sleep current". www.gizmag.com. Retrieved February 9, 2013.
76. ^ Brian Santo (May 2009). "25 Microchips That Shook the World". IEEE Spectrum. Archived from the original on June 27, 2009. Retrieved 2012-04-01.
77. ^ "Microchip Technology Delivers 10 Billionth PIC® Microcontroller". Archived from the original on 2014-01-02. Retrieved 2011-11-08.
78. ^ "Microchip Technology Delivers 10 Billionth PIC® Microcontroller to Samsung Electronics Co". Businesswire (Press release). Retrieved 20 April 2020.
79. ^ EETimes (2003-04-07). "Microchip shuts down fab, lowers forecast-again". EE Times. Retrieved 2025-01-04.
80. ^ Bradley, Ben (2024-12-05). "Semiconductor factory to close in Tempe; hundreds of employees impacted". www.azfamily.com. Retrieved 2025-01-04.
81. ^ Microchip Unloads Idle Puyallup Plant for $30M

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