Welcome to our dedicated page for Microchip Technology news (Ticker: MCHP), a resource for investors and traders seeking the latest updates and insights on Microchip Technology stock.
Microchip Technology Inc. (NASDAQ: MCHP) is a renowned provider of microcontroller, mixed-signal, analog, and Flash-IP solutions. Founded in 1989 and headquartered in Chandler, Arizona, Microchip offers innovative products that facilitate low-risk product development, minimize total system costs, and accelerate time-to-market for a wide range of applications. The company serves over 70,000 customers across industries such as consumer electronics, automotive, office automation, communications, and industrial control in more than 65 countries.
Microchip’s extensive product portfolio includes microcontrollers (MCUs) which account for a significant portion of its revenue. These MCUs are integral to a variety of devices ranging from remote controls and garage door openers to automotive power windows. While the company has a strong foothold in lower-end 8-bit MCUs, it has also expanded into high-end MCUs and analog chip markets.
In recent developments, Microchip introduced the ATMXT2952TD 2.0 family of touch controllers. These are designed to offer cryptographic authentication and data encryption to enhance the security of touch-enabled human-machine interface (HMI) and radio frequency identification (RFID) systems. These controllers are particularly beneficial for outdoor payment terminals like EV chargers and parking meters, providing secure and resilient solutions resistant to harsh weather conditions and vandalism.
Another noteworthy innovation is the PolarFire SoC FPGAs, which cater to the aerospace and defense sectors. These FPGAs combine the flexibility of real-time operating systems with the robustness required for space applications, ensuring reliable performance in harsh radiation environments.
Financially, Microchip reported net sales of $1.326 billion for Q4 of fiscal 2024, reflecting a 40.6% decrease from the previous year. Despite challenges, the company maintained a non-GAAP operating margin of 43.9% and returned $1.89 billion to shareholders through dividends and buybacks. Microchip anticipates a demand stabilization and a return to sequential revenue growth in the second half of 2024, driven by ongoing innovation and strategic initiatives.
Microchip continues to host its renowned MASTERs Conference, an annual event that offers advanced technical training for engineers. This year’s conference featured sessions on embedded control, development tools, and security solutions, highlighting Microchip’s commitment to technological advancement and community engagement.
For more information, visit Microchip Technology Inc.
Microchip Technology (Nasdaq: MCHP) has announced the PIC64HX family of microprocessors (MPUs) to meet the growing demand for reliable, embedded solutions in mission-critical applications. The PIC64HX is a high-performance, multicore 64-bit RISC-V® MPU designed for intelligent edge applications, featuring:
- Advanced AI/ML processing capabilities
- Integrated Time-Sensitive Networking (TSN) Ethernet connectivity
- Post-quantum-enabled, defense-grade security
- Eight 64-bit RISC-V CPU cores with vector extensions
- Support for SMP, AMP, or dual-core lockstep operations
- WorldGuard hardware architecture for isolation and partitioning
The PIC64HX supports comprehensive fault tolerance, resiliency, scalability, and power efficiency. It is one of the first MPUs to support NIST-standardized post-quantum cryptographic algorithms. Samples will be available to early access partners in 2025.
Microchip Technology's Radiation-Tolerant (RT) RTG4™ Field-Programmable Gate Arrays (FPGAs) with lead-free flip-chip bumps have achieved Qualified Manufacturers List (QML) Class V status, the highest level of qualification for space components. This designation, granted by the Defense Logistics Agency (DLA), recognizes exceptional reliability and longevity for critical space missions.
Key points:
- RTG4 FPGAs are the first RT FPGAs with over 150,000 logic elements to achieve QML Class V qualification
- Lead-free bump material extends product longevity, important for space missions
- RTG4 FPGAs offer high density, performance, and low power consumption
- They provide immunity to configuration upsets, reducing engineering expenses and system costs
- Extensive reliability testing included up to 2,000 thermal cycles from −65°C to 150°C junction temperature
This achievement further solidifies Microchip's position in the space industry, where their solutions have powered missions for over 60 years.
Steve Sanghi, retired CEO and chair of the board of directors of Microchip Technology, has released his third book, 'Ask Steve: Everyday business advice from a successful CEO'. The book is an extension of Sanghi's popular business advice column that ran in the Arizona Republic from 2007 to 2014. It offers practical and real-world business advice based on Sanghi's leadership style and business acumen.
The book covers a wide range of topics including:
- Career development and advancement
- Global trade challenges
- Management issues
- Advice for investors and marketers
- International business complexities
This release follows Sanghi's previous books, 'Driving Excellence' and 'Up and to the Right'. The new book is available for purchase on Amazon and aims to be a comprehensive guide for professionals at all levels, from CEOs to recent graduates.
Microchip Technology (Nasdaq: MCHP) has expanded its Wi-Fi® portfolio with 20 new products designed for industrial and commercial applications. The expanded lineup includes Wi-Fi microcontrollers (MCUs), network and link controllers, and plug-and-play modules to meet the growing demand for reliable wireless connectivity in extreme environments.
Key additions include:
- PIC32MZ-W1 Wi-Fi MCUs with advanced analog peripherals and high GPIO capabilities
- Next-generation WINCS02 network controllers and WILCS02 link controllers
- RNWF02 plug-and-play modules for simplified cloud connectivity
Microchip's Wi-Fi solutions cater to various application needs and developer skill levels, ranging from regulatory-certified modules to robust Systems-on-Chip (SoCs). The portfolio is supported by comprehensive development tools and services, including free design checks.
Microchip Technology (Nasdaq: MCHP) announces its new family of LAN969x Multi-Gigabit Ethernet Switches and VelocityDRIVE™ Software Platform (SP) for automotive applications. The VelocityDRIVE SP is a turnkey Ethernet switch software solution and Configuration Tool based on standardized YANG models, offering the industry's first integration of CORECONF YANG. The LAN969x switches feature:
- 1 GHz single-core Arm® Cortex®-A53 CPU
- Scalable bandwidths from 46 Gbps to 102 Gbps
- Advanced Time-Sensitive Networking (TSN)
- ASIL B Functional Safety and AEC-Q100 Automotive Qualification support
- Secure and fast boot capabilities
This combination aims to provide OEMs with comprehensive Ethernet solutions for Software-Defined Vehicles, reducing complexity, costs, and time to market.
Microchip Technology (Nasdaq: MCHP) has introduced a new family of Voltage-Controlled SAW Oscillators (VCSOs) designed for radar and test and measurement applications. The 101765 VCSO family operates at 320 MHz and 400 MHz, delivering ultra-low phase noise performance. Key features include:
- Phase noise of 166 dBc at 10 kHz offset and a 182 dBc floor
- Small form factor: 1 inch × 1 inch hermetic Kovar package
- Supply voltages from 4.75–15.75V and current of 111 mA
- Available with MIL-PRF-38534 screening for high reliability
- Supports center frequency range from 30 MHz to 2.7 GHz
The VCSOs are ideal for Active Electronically Scanned Array (AESA) systems and other applications requiring high fidelity in critical phase-locked loop timing. Microchip offers test boards to support design phase testing.
Microchip Technology (Nasdaq: MCHP) has introduced the Microchip Graphics Suite (MGS), a comprehensive solution designed to simplify the creation of Graphical User Interfaces (GUIs) for embedded devices. MGS integrates seamlessly with Microchip's 32-bit microcontrollers and microprocessors, supporting both MPLAB® Harmony v3 and Linux® environments. The suite offers:
1. Compositional tools with a simulator for hardware-free prototyping
2. WYSIWYG interface for efficient design
3. Support for a wide range of devices and displays
4. Compatibility with Microchip's PIC32 MCUs, SAM MPUs, and maXTouch® controllers
MGS aims to reduce development costs, speed up time to market, and improve reusability across projects. It is now available for free download, supporting various development tools including MPLAB Harmony v3 and Microchip's mainlined Linux Distribution.
Microchip Technology (NASDAQ:MCHP), a leading provider of smart, connected, and secure embedded control solutions, has announced its participation in the Goldman Sachs Communacopia + Technology Conference. The presentation is scheduled for Wednesday, September 11, 2024, at 1:45 p.m. Pacific Time.
Representing the company will be Eric Bjornholt, Senior Vice President and Chief Financial Officer, and Sajid Daudi, Head of Investor Relations. Investors and interested parties can access a live webcast of the presentation through Goldman Sachs, which will also be available on Microchip's official website at www.microchip.com.
Microchip Technology (NASDAQ:MCHP) has announced its participation in the Citi 2024 Global TMT Conference on Thursday, September 5, 2024 at 8:20 a.m. Eastern Time. The company, known for its smart, connected, and secure embedded control solutions, will be represented by President and CEO Ganesh Moorthy and Head of Investor Relations Sajid Daudi.
A live webcast of the presentation will be available through Citi and can be accessed on Microchip's official website. This event provides an opportunity for investors and analysts to gain insights into Microchip's strategies and market position in the technology sector.
Microchip Technology (Nasdaq: MCHP) has expanded its Single Pair Ethernet (SPE) solutions with the LAN887x family of Ethernet PHY transceivers. These devices support network speeds from 100 Mbps to 1000 Mbps and cable lengths up to 40m, offering extended reach for automotive and industrial applications. The LAN887x PHYs are designed to be compliant with IEEE standards and ISO 26262 functional safety ready with ASIL B classification.
Key features include advanced diagnostics, low power consumption with EtherGREEN technology, and OPEN Alliance TC10 Sleep and Wakeup functionality. The devices are compatible with Microchip's broad portfolio of microcontrollers, microprocessors, SoCs, and Ethernet switches. Comprehensive development tools and Linux software drivers are available to support implementation.
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