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This global app is available to both Microchip employees and our customers to further enhance their experience at events. Attendees will have the ability to view the agenda, network with other partici

Microchip Bluetooth Audio (MBA) mobile Application is used to discover, configure and control Microchip’s BM64/62/83 Based Audio Platforms.

Mobile Application discovers BLE devices and filters the Mi

An app platform that support controlling and monitoring the Microchip Wi-Fi Smart Device Enablement Kit throughput AWS IoT Cloud.
It can used to control LED on/off and light intensity (0-100%) and mon

Employees Are Our Greatest Strength—these are not just words; they define our culture and shape day-to-day decisions. Our organizational charts are flipped upside down with management positioned to support employees. As CEO Steve Sanghi says, 'I do this to show that I work for our employees.'

Employees First

A relentless quest for perfection with commitment to the goal of zero defects in products and processes. Jobs are designed to promote employee teamwork, productivity, creativity, pride in work, trust, integrity, fairness, involvement, development and empowerment.

Excellence

Exceptional customer service is everyone's responsibility, with highest priority given to making customers' lives easier. We serve more than 125,000 customers globally through direct sales and distribution partners, building long-term relationships through innovation and support.

Customer Service

Continuous innovation in microcontroller, analog, FPGA, and connectivity technologies, positioning us at the forefront of high-growth markets such as IoT, data centers, automotive electrification, aerospace, and industrial automation with AI-tailored semiconductors.

Innovation

The winning team shares profits and ownership with quarterly cash bonuses, a restricted stock unit plan, and an employee stock-purchase plan. Recognition, advancement and compensation are based on achievement of excellence in company, team and individual performance.

Shared Success

Microchip Technology is a leading American semiconductor manufacturer specializing in microcontrollers, mixed-signal, analog, and Flash-IP integrated circuits, serving over 125,000 customers globally across automotive, industrial, aerospace, consumer electronics, and IoT markets with a proven track record of 139 consecutive quarters of profitability.

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Steve Sanghi

CEO, President, and Chairman of the Board

Eric Bjornholt

Chief Financial Officer and Senior Vice President

Rich Simoncic

Chief Operating Officer

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.

https://en.wikipedia.org/wiki/Microchip_Technology

Ganesh Moorthy retired as Chief Executive Officer, President and member of the Board of Directors in connection with his 65th birthday at the end of November 2024 after serving 23 years with Microchip, including four years as CEO. Steve Sanghi was appointed Interim CEO and President effective November 18, 2024, while remaining Chairman of the Board, bringing his proven leadership back to guide the company through industry challenges.

Microchip Technology Announces Leadership Transition with Steve Sanghi as Interim CEO

Microchip Technology announced it will close its semiconductor factory Fab 2 in Tempe, Arizona by May 2025, affecting approximately 500 workers. The shutdown is driven by high inventory levels and ample capacity at other facilities, with the closure expected to save about $90 million annually starting in 2026. Interim CEO Steve Sanghi stated: 'With inventory levels high and having ample capacity in place, we have decided to shut down our Tempe wafer fabrication facility.'

Microchip to Close Tempe Plant, Impacting 500 Employees

Microchip Technology announced plans to reduce its workforce by approximately 2,000 employees (9% of total workforce) as part of a broader cost-cutting and restructuring initiative. The layoffs will affect Fab 4 facility in Gresham, Oregon; Fab 5 facility in Colorado Springs, Colorado; and backend manufacturing site in the Philippines. Once fully implemented by the end of the June 2025 quarter, the cuts are projected to save between $90 million and $100 million annually in operating expenses.

Microchip Technology to Lay Off 2,000 Employees

Microchip Technology's Board of Directors appointed Rich Simoncic as Chief Operating Officer effective April 2, 2024. Simoncic joined Microchip in 1989 and founded the analog business at Microchip in 1998, building it to more than $2 billion in annual revenue. He was promoted to Vice President in 1995, Corporate Vice President in 2001, Senior Vice President in 2019, and Executive Vice President in 2023 before becoming COO.

Microchip Technology Appoints Rich Simoncic as Chief Operating Officer

Microchip Technology lowered its quarterly revenue forecast and announced the closure of its Arizona factory amid ongoing challenges in the semiconductor industry. The company cited high inventory levels at automotive clients who had stockpiled aggressively during pandemic-era supply chain disruptions. The US-based semiconductor company's automotive clients have faced challenges in reducing their excess chip inventories.

Microchip Technology Lowers Quarterly Revenue Forecast, Shuts Arizona Factory

Despite near-term challenges with fiscal 2025 revenue declining 42.35%, Microchip Technology maintains strong fundamentals with remarkable revenue CAGR of 13.0% through FY25 and 139 consecutive quarters of Non-GAAP profitability. The company's AI-tailored semiconductors are gaining traction in data center infrastructure, where demand for edge computing and generative AI chips is surging, positioning Microchip for long-term growth in AI, IoT, automotive, and industrial markets.

Microchip's Strategic Position in the 2025 Semiconductor Landscape

On February 10, 2025, Microchip Technology announced that it would implement intermittent employee furloughs throughout the rest of the year as part of ongoing cost reduction measures to navigate the semiconductor industry downturn. This follows earlier announcements of facility closures and workforce reductions affecting approximately 2,500 employees total across multiple sites globally.

Microchip to Implement Intermittent Employee Furloughs Throughout 2025

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Nvidia CEO biography calls "PC master race" gamers "addicts", "toxic" and lacking "personal hygiene"

Microchip Technology Earns IEC 62443-4-1 ML2 Industrial Automation and Control System Certification

Is Microchip Technology (MCHP) a Smart Buy?

Buy Signal Microchip Technology - 17 Mar 2026 @ 15:08 -&gt; USD64.99

Buy Signal Microchip Technology - 17 Mar 2026 @ 10:36 -&gt; USD64.40

Microchip Technology to Present at the Cantor Global Technology &amp; Industrial Growth Conference

Buy Signal Microchip Technology - 4 Mar 2026 @ 10:35 -&gt; USD70.73

Microchip Technology to Present at the Raymond James Institutional Investors Conference

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MICROCHIP TECHNOLOGY INC

General Instrument Corporation spun off its microelectronics division as a wholly owned subsidiary called Microchip Technology, establishing the foundation for what would become an independent semiconductor company.

Microelectronics Division Spun Off

Microchip Technology became an independent company when acquired by a group of venture capitalists led by Sequoia Capital in a Series A funding round totaling $12 million, despite the company losing $2.5 million per quarter with less than 6 months of cash reserves.

Independent Company Formation

Steve Sanghi joined Microchip Technology from Intel Corporation where he had spent 10 years, bringing semiconductor expertise to a company on the brink of bankruptcy. He was appointed President in August 1990 and would transform the company over the next three decades.

Steve Sanghi Joins from Intel

Steve Sanghi was appointed Chief Executive Officer in 1991, beginning a transformational 30-year tenure that would build Microchip into a Top-20 global semiconductor manufacturer through innovative business models and strategic acquisitions.

Steve Sanghi Becomes CEO

Microchip Technology conducted an IPO that Fortune magazine cited as the best performing IPO of 1993, with stock appreciation of 500% and market capitalization exceeding $1 billion—a remarkable achievement for a company near bankruptcy just four years earlier.

Best Performing IPO of the Year

Microchip began paying a cash dividend on December 6, 2002, initiating what would become 92 consecutive quarters of dividend payments and eventual Dividend Aristocrat status, demonstrating consistent profitability and shareholder returns.

First Dividend Payment

Completed the acquisition of Silicon Storage Technology (SST) for approximately $292 million, expanding Microchip's memory and embedded control capabilities and beginning a series of strategic acquisitions.

Silicon Storage Technology Acquisition

Acquired IC manufacturer Micrel for approximately $839 million, significantly expanding analog and mixed-signal product offerings and strengthening position in power management and interface solutions.

Micrel Acquisition

Completed acquisition of San Jose-based Atmel for $3.56 billion, bringing the popular AVR microcontroller family and strong positions in touch sensing and wireless connectivity. The integration created synergies exceeding initial projections and doubled Microchip's microcontroller market share.

Atmel Acquisition Completed

Microsemi Corporation joined Microchip on May 29, 2018 through a $10.15 billion transaction, the company's largest acquisition. This significantly expanded presence in aerospace, defense, and data center markets, with Microsemi bringing expertise in FPGAs, power management, and timing solutions.

Microsemi Acquisition Completed

Steve Sanghi transitioned from CEO to Executive Chairman, with Ganesh Moorthy becoming CEO and President after decades with the company, marking a planned leadership succession after 30 years under Sanghi's direction.

Leadership Transition to Ganesh Moorthy

The Board of Directors appointed Rich Simoncic as Chief Operating Officer. Simoncic joined Microchip in 1989 and founded the analog business in 1998, building it to over $2 billion in annual revenue before taking on operational leadership.

Rich Simoncic Appointed COO

Ganesh Moorthy retired as CEO at age 65 after four years in the role, with founder Steve Sanghi returning as Interim CEO and President while remaining Chairman, bringing his proven leadership back during challenging industry conditions.

Steve Sanghi Returns as Interim CEO

Announced closure of Fab 2 in Tempe, Arizona by May 2025, affecting 500 employees but expected to save approximately $90 million annually starting in 2026. Decision driven by high inventory levels and ample capacity at other facilities.

Tempe Fab 2 Closure Announced

Announced plans to reduce workforce by approximately 2,000 employees (9% of total workforce) across facilities in Oregon, Colorado, and Philippines, with intermittent furloughs throughout 2025. Expected to save $90-100 million annually in operating expenses when fully implemented by June 2025 quarter.

Workforce Reduction Announced

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