- Business
- Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control solutions, including microcontrollers, mixed-signal, analog and Flash-IP integrated circuits; 8-, 16- and 32-bit PIC and AVR microcontrollers; digital signal controllers; microprocessors; analog power management and conversion devices; CAN and LIN serial communication interfaces; high-voltage MEMS and piezoelectric drivers; ultrasound multiplexers; embedded controllers; memory products such as serial EEPROM, SRAM, flash, NvSRAM, EERAM, parallel EEPROM, one-time programmable flash and CryptoMemory; wireless connectivity solutions including Wi-Fi, Bluetooth and Ethernet; FPGAs and SoCs; PMICs; timing, communication and real-time clock products; USB devices; and development tools, reference designs and software including MPLAB IDE and AI coding assistants. Headquartered in Chandler, Arizona, the company was founded in 1989 as a spin-off from General Instrument's microelectronics division and operates wafer fabrication facilities in Gresham, Oregon, and Colorado Springs, Colorado, with assembly and test sites in Thailand and the Philippines; it serves industrial, automotive, consumer, aerospace and defense, communications and computing markets worldwide, targeting over 125,000 customers with a fab-lite model blending in-house production and external foundries. Recent developments include the acquisition of Neuronix AI Labs to enhance AI-driven edge solutions on FPGAs and VSI Co. Ltd. to expand automotive networking with ASA Motion Link technology; expansion of its India footprint with a new Bengaluru office facility to support over 3,000 employees and IC development; new product launches such as the MCP9604 high-accuracy thermocouple IC, radiation-tolerant FPGAs with 50% power savings, cost-optimized PolarFire Core FPGAs and SoCs with 30% price reduction, a 3 nm PCIe Gen 6 switch for AI infrastructure, and partnerships including TSMC for 40nm manufacturing resilience and Delta Electronics on silicon carbide solutions; enhanced AI coding assistant with agents for productivity gains; and raised financial guidance for December 2025 quarter sales representing 12% year-over-year growth.