Microchip Technology Inc (MCHP) Price and Market Data

Microchip Technology Inc. became an independent company in 1989 following its spin-off from General Instrument. More than half of its revenue is generated by microcontrollers (MCUs), which are used in a broad range of electronic products, from remote controls and garage door openers to automotive power windows. The company’s core strength is in lower-end 8-bit MCUs, which are well suited for a wide variety of less technologically advanced applications, while it has also expanded its presence in higher-end MCUs and analog semiconductors.