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Microchip Technology Inc. reported $4.7B in revenue and $230.0M in net income for fiscal 2026. See the full MCHP financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.

Microchip and Marelli Pioneer Open-Standard Display Connectivity Solution for Software-Defined Vehicles

Microchip Technology (MCHP) and Marelli announced a joint solution that streams graphics and video from a vehicle’s central computer to in-car displays using the open-standard ASA Motion Link (ASA‑ML) connectivity.

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Microchip Technology (MCHP) and Marelli announced a joint solution that streams graphics and video from a vehicle’s central computer to in-car displays using the open-standard ASA Motion Link (ASA‑ML) connectivity.

The demonstrator processes content through Microchip’s VS7000 ASA‑ML chipset over a high-speed standardized link, while Marelli integrates the deserializer directly into displays to decode standardized video streams. The companies highlight open interoperability, greater supplier flexibility, integrated security with authentication and encryption, robust lossless data transmission with high electromagnetic noise immunity, scalable performance up to 16 Gbps, and efficiency features such as embedded Time Division Duplex (TDD) and simplified Forward Error Correction (FEC). The collaboration targets emerging software-defined and increasingly Ethernet-centric vehicle architectures.

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Market Context

MCHP closed at $72.76 before publication, while peer performance was mixed, including NXPI at +2.37%...
Analysis

MCHP closed at $72.76 before publication, while peer performance was mixed, including NXPI at +2.37% and CRDO at -12.41%. The collaboration adds ecosystem context; disclosed net selling remains a risk, and adoption evidence is the key watch item.

Key Figures

Maximum data rate: up to 16 Gbps Marelli employees: around 40,000 employees Global sites: over 150 sites
3 metrics
Maximum data rate up to 16 Gbps ASA Motion Link display requirements
Marelli employees around 40,000 employees worldwide workforce
Global sites over 150 sites Marelli global footprint

Historical Context

5 past events · Latest: Aug 13 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 13 Product introduction Positive -2.2% Space-grade timing product introduction was followed by a negative 24-hour reaction.
Aug 11 Product revision Positive -0.5% Edge-AI sensor bridge revision accompanied a negative 24-hour price reaction.
Aug 06 Dividend declaration Positive +13.9% Quarterly dividend declaration accompanied a strongly positive 24-hour price reaction.
Aug 06 Earnings results Positive +13.9% Fiscal Q1 results exceeded prior guidance midpoint and accompanied a positive reaction.
Aug 04 Partnership demonstration Positive +7.3% PCIe Gen 6 collaboration demonstration accompanied a positive 24-hour price reaction.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Microchip's recent product and collaboration announcements produced mixed reactions, while its latest earnings and dividend announcements aligned with positive price reactions.

Key Terms

serdes, link-layer authentication, forward error correction, time division duplex
4 terms
serdes technical
"ASA Motion Link is an open standard for automotive video connectivity and SerDes"
SerDes (short for serializer/deserializer) is an electronic function that converts parallel streams of data into a single fast serial stream and then converts it back, like packing many lanes of traffic into one high-speed highway and unpacking them at the other end. Investors care because SerDes chips and blocks determine how quickly and efficiently devices, data centers and networks can move information; improvements or bottlenecks affect product performance, production costs, and demand across the semiconductor and communications supply chain.
forward error correction technical
"simplified Forward Error Correction (FEC), contributing to lower power consumption"
Forward error correction is a way of adding extra information to a digital message so the receiver can spot and fix mistakes without asking for the data to be sent again. For investors, it matters because it improves reliability and speed in networks and devices—reducing delays, lowering bandwidth costs, and enhancing user experience—so products and services that use effective forward error correction can be more competitive and cost-efficient.
time division duplex technical
"embedded Time Division Duplex (TDD) functionality"
A radio transmission method where a single frequency channel is used for both sending and receiving data by alternating time slots for uplink and downlink; devices and base stations transmit at different times rather than on separate frequencies. It matters to investors because TDD affects how efficiently wireless spectrum is used, the capacity and latency of networks, and interoperability and equipment choices for carriers and vendors—factors that influence capital spending and competitive positioning.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Solution streams graphics and videos from centralized compute systems to automotive displays using standards-based ASA Motion Link connectivity

CHANDLER, Ariz. and SAITAMA, Japan, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP), a broadline supplier of semiconductors committed to making innovative design easier through total system solutions, and Marelli, a global automotive supplier, today announces a new solution that enables graphics and video content generated by a vehicle's central computer to be streamed directly to automotive displays using ASA Motion Link (ASA-ML), an open standard for automotive video connectivity. The demonstrator of this solution helps vehicle makers simplify display architectures, optimize system costs and increase sourcing flexibility while supporting the transition toward software-defined vehicles (SDVs).

ASA Motion Link is an open standard for automotive video connectivity and SerDes (serializer-deserializer) communication, defined by the Automotive SerDes Alliance (ASA), a global consortium of vehicle makers, Tier 1 suppliers and semiconductor companies. By enabling secure, high-speed video and graphics transmission across products from multiple technology providers, the standard supports greater compatibility across the automotive ecosystem and provides a scalable alternative to proprietary video transmission technologies. As a founding member of ASA, Microchip is advancing the automotive industry's transition from proprietary connectivity technologies to open, interoperable standards, and has demonstrated broad interoperability with its camera solutions and is now extending those solutions to enable display connectivity.

As vehicle architectures evolve toward centralized computing and software-defined vehicles (SDVs), vehicle makers are looking for connectivity solutions that can support growing performance demands while reducing complexity, controlling costs and enabling scalable vehicle electronics architectures. In the joint demonstrator solution, graphics and video content generated by the vehicle's central computer is processed and transmitted through Microchip's VS7000 ASA-ML chipset over a high-speed standardized link.

Marelli pioneers the display-side integration of the technology by enabling the configuration and optimization of the ASA ML deserializer to decode standardized video streams directly at the display. This ensures accurate reception, synchronization and delivery of centrally generated content, including camera feeds, navigation maps, infotainment graphics and vehicle control interfaces, while enabling simplified display-side electronic architectures.

"The transition to software-defined vehicles is driving demand for more open, flexible and scalable electronic architectures," said Kelei Shen, president of Marelli's electronics business. "As an integrator within the automotive ecosystem, Marelli brings together best-in-class technologies from multiple partners to deliver complete solutions for vehicle makers. This collaboration highlights how open standards can accelerate innovation while providing interoperability needed for the next generation of vehicle architectures.”

“Open standards play a critical role in accelerating innovation by reducing dependency on proprietary technologies,” said Kevin So, vice president of Microchip’s communications business unit. “Our collaboration with Marelli demonstrates how ASA Motion Link provides automotive manufacturers with a secure, interoperable and scalable connectivity solution that simplifies integration across the ecosystem.”

Technology Highlights

  • Open interoperability enabling seamless connectivity between cockpit systems and displays from multiple technology providers.
  • Greater supplier flexibility thanks to open protocol specifications supported across the automotive ecosystem.
  • Integrated security with link-layer authentication and encryption embedded in the communication channel.
  • Robust data transmission with lossless communication and high immunity to electromagnetic noise.
  • Scalable performance supporting data rates up to 16 Gbps to address a range of display requirements.
  • Optimized efficiency enabled by embedded Time Division Duplex (TDD) functionality and simplified Forward Error Correction (FEC), contributing to lower power consumption.
  • Path to increasingly Ethernet-centric vehicle architectures.

The collaboration demonstrates how open-standard connectivity supports in-vehicle networking and electronics by enabling secure communication between centralized computing systems and displays. It also reflects Marelli's broader commitment to adopting open standards that help simplify development, optimize system costs, and promote a more open automotive ecosystem.

For more information about Microchip’s ASA-ML solutions, visit its website.

Resources
High-res image available through Flickr or editorial contact (feel free to publish):

About Microchip Technology:
Microchip Technology Inc. is a broadline supplier of semiconductors committed to making innovative design easier through total system solutions that address critical challenges at the intersection of emerging technologies and durable end markets. Its easy-to-use development tools and comprehensive product portfolio supports customers throughout the design process, from concept to completion. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support and delivers solutions across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. For more information, visit the Microchip website at www.microchip.com.

About Marelli:

Marelli is a global mobility technology supplier to the automotive industry. With a strong and established track record in innovation and manufacturing excellence, our mission is to transform the future of mobility through working with customers and partners to create a safer, greener, and better-connected world. With around 40,000 employees worldwide, the Marelli footprint includes over 150 sites globally. For more information, visit the Marelli website at www.marelli.com.

Note: The Microchip name and logo and the Microchip logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.

Editorial Contacts:

Microchip Technology
Kim Dutton
kim.dutton@microchip.com

Marelli
Maurizio Scrignari
maurizio.scrignari@marelli.com
M + 39 335 7577830


FAQ

How does the Microchip and Marelli collaboration support Ethernet-centric vehicle architectures?

The collaboration demonstrates how open-standard ASA Motion Link connectivity can support in-vehicle networking and electronics by enabling secure communication between centralized computing systems and displays, which the companies present as a path toward more Ethernet-centric vehicle architectures.