Mythic® Selects memBrain™ Technology from Silicon Storage Technology® for its Next Generation of Ultra-Low-Power Analog Processing Units

Rhea-AI Summary

Microchip (Nasdaq: MCHP) announced that Mythic selected SST's memBrain IP and SuperFlash eNVM for its next-generation Analog Processing Units (APUs), enabling 120 TOPS/watt inference performance and targeting up to 100x energy-efficiency versus conventional GPUs. The memBrain cell supports up to 8 bits per cell, 10-year retention and 100,000 endurance cycles.

Mythic will use production-ready SuperFlash in 40 nm and 28 nm processes; 22 nm development is planned. 150 billion SuperFlash units have shipped to date.

Positive

• Achieves 120 TOPS/watt inference performance
• Targets up to 100x energy-efficiency versus conventional GPUs
• 150 billion SuperFlash units shipped to date

Negative

• None.

News Market Reaction – MCHP

+1.19%

1 alert

+1.19% News Effect

On the day this news was published, MCHP gained 1.19%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Inference efficiency: 120 TOPS/watt Energy efficiency target: 100 times SuperFlash shipments: 150 billion units +5 more

8 metrics

Inference efficiency 120 TOPS/watt Mythic APU performance using SST SuperFlash-based memBrain technology

Energy efficiency target 100 times Mythic APUs targeted to be more energy-efficient than digital GPUs

SuperFlash shipments 150 billion units Units of SST SuperFlash technology shipped to date that Mythic is licensing

Bitcell storage density 8 bits per bitcell memBrain cell data storage capacity (8 bpc)

Data retention 10-year memBrain bitcell data retention at operating temperature

Endurance cycles 100,000 cycles memBrain bitcell endurance specification

Foundry nodes 40 nm and 28 nm Process nodes where memBrain is developed and deployed

Planned node 22 nm Planned memBrain development node to extend roadmap

Market Reality Check

Price: $64.71 Vol: Volume 7,063,628 is below...

normal vol

$64.71 Last Close

Volume Volume 7,063,628 is below the 20-day average of 8,293,367, suggesting no outsized trading reaction ahead of this release. normal

Technical Shares at 63.83 are trading below the 200-day MA of 67.2 and about 23.42% under the 52-week high of 83.35, despite being well above the 52-week low of 34.125.

Peers on Argus

MCHP was up 3.05% while close peers showed mixed moves: ALAB up 3.64% but MPWR, ...

1 Up

MCHP was up 3.05% while close peers showed mixed moves: ALAB up 3.64% but MPWR, STM, CRDO and NXPI were down. Only CRDO appeared on the momentum scanner, so the action looks stock-specific rather than a broad semiconductor move.

Common Catalyst Some peers, such as STM, also had AI-related partnership news, but their price reactions diverged, reinforcing that MCHP’s move appears company-specific.

Historical Context

5 past events · Latest: Mar 10 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 10	Security platform update	Neutral	+0.5%	Expanded Trust Platform with new secure authentication IC and key management service.
Mar 09	Conference presentation	Neutral	+0.5%	Announced Cantor conference presentation with webcast access for investors.
Mar 05	New mixed-signal IC	Neutral	-3.0%	Introduced LX4580 IC for aviation and defense actuation systems in production.
Mar 03	Developer conference	Neutral	-3.9%	Opened registration for 2026 MASTERs Conference with extensive technical sessions.
Feb 27	Investor conference	Neutral	-0.4%	Announced Raymond James conference appearance with webcast details.

Pattern Detected

Recent product, conference, and platform announcements have produced relatively small and mixed one-day moves, with no strong pattern of consistent buying or selling on news.

Recent Company History

Over the last few weeks, Microchip has issued a series of standard corporate and product updates. On Feb 27 and Mar 9, it announced conference presentations with modest ±1%-range reactions. A new aviation/defense IC on Mar 5 and the MASTERs conference registration on Mar 3 saw slightly negative follow-through. The Mar 10 Trust Platform security expansion drew only a small positive move. Against this backdrop, today’s AI-focused partnership extends a pattern of incremental, technology-driven releases.

Market Pulse Summary

This announcement expands Microchip’s role in AI by supplying SST memBrain and SuperFlash technology...

Analysis

This announcement expands Microchip’s role in AI by supplying SST memBrain and SuperFlash technology to Mythic, supporting 120 TOPS/watt analog inference and a target of 100 times better energy efficiency than GPUs. Recent history shows a steady cadence of product, security, and conference news with modest price impacts, while Form 4 filings indicate net insider selling. Investors may watch how this AI partnership translates into design wins and revenue over time.

Key Terms

neuromorphic, intellectual property (IP), embedded non-volatile memory, compute-in-memory, +2 more

6 terms

neuromorphic technical

"memBrain™ neuromorphic hardware intellectual property (IP) from Microchip Technology’s"

Neuromorphic describes computer hardware and software designs that mimic the brain’s structure and signaling to process information more efficiently, often using networks of artificial “neurons” and event-driven signals rather than traditional step-by-step computing. Investors care because neuromorphic systems can offer big gains in speed and energy use for tasks like pattern recognition and edge devices, potentially enabling new products, lower operating costs, and competitive advantage in AI-driven markets.

intellectual property (IP) technical

"neuromorphic hardware intellectual property (IP) from Microchip Technology’s"

Intellectual property (IP) is the legal ownership of ideas a company creates—such as inventions, brand names, designs, software code or creative works—protected through patents, trademarks, copyrights or trade secrets. For investors it matters because IP can act like a company’s recipe or blueprint, creating a barrier to competitors, enabling exclusive revenue streams or licensing income, and therefore influencing future profits and valuation.

embedded non-volatile memory technical

"SST's SuperFlash embedded non-volatile memory (eNVM) bitcells to deliver"

Embedded non-volatile memory is storage that is built directly into a chip or device and keeps data even when power is turned off, like a notebook that holds notes without needing electricity. For investors, its presence and quality affect a product’s features, reliability, manufacturing cost and supply chain risk, which in turn influence competitiveness, margins and long-term revenue potential.

compute-in-memory technical

"high levels of analog compute-in-memory (aCIM) performance per watt."

Compute-in-memory is a chip design approach that performs calculations directly inside the memory where data sits instead of constantly shuttling data back and forth between separate processor and memory units. For investors, it matters because this can greatly speed up certain workloads and reduce power use—think of doing math on sticky notes at your desk instead of walking across the room to a whiteboard—potentially improving the performance, cost and battery life of devices that run artificial intelligence or data-heavy applications.

Graphics Processing Units technical

"targeted to be up to 100 times more energy-efficient than conventional digital Graphics Processing Units (GPUs)."

Graphics processing units (GPUs) are specialized computer chips built to handle large numbers of simple calculations at once, originally to create images on screens but now also used for tasks like artificial intelligence training, data analysis, and scientific simulations. Investors watch GPUs because their demand drives sales for chip manufacturers, data centers and cloud services; shifts in adoption or supply can signal growth opportunities or risks across technology, hardware and service companies.

non-volatile storage technical

"low-power non-volatile storage directly on the chip, SuperFlash memory is widely used"

Non-volatile storage is a type of computer memory that keeps data safe even when the device loses power, like a filing cabinet that holds documents when you leave the room. It includes technologies used in solid‑state drives and flash memory and matters to investors because it underpins product reliability, data-center capacity and device performance—factors that drive sales, pricing power and long-term support costs.

AI-generated analysis. Not financial advice.

With SuperFlash® memory, Mythic’s APU achieves 120 TOPs/watt performance for low-power AI inferencing

CHANDLER, Ariz., March 17, 2026 (GLOBE NEWSWIRE) -- Mythic has chosen memBrain™ neuromorphic hardware intellectual property (IP) from Microchip Technology’s (Nasdaq: MCHP) Silicon Storage Technology^® (SST^®) subsidiary for its next-generation edge to enterprise Analog Processing Units (APUs). Mythic will utilize SST's SuperFlash embedded non-volatile memory (eNVM) bitcells to deliver high levels of analog compute-in-memory (aCIM) performance per watt. The partnership enables Mythic to achieve 120 TOPS/watt inference processing for power-efficient AI acceleration at the edge and in the data center: Mythic's APUs are targeted to be up to 100 times more energy-efficient than conventional digital Graphics Processing Units (GPUs).

One hundred fifty billion units of SST SuperFlash technology that Mythic is licensing have been shipped to date. SuperFlash technology is the de facto eNVM solution for a broad spectrum of industries including industrial, automotive, consumer and computing for critical data and code storage, and is licensed by all of the top ten semiconductor foundries worldwide.

“Mythic is pioneering innovative solutions in AI inference processing and AI sensor fusion for industrial, automotive and data center applications, effectively overcoming current AI power limitations,” said Mark Reiten, vice president of Microchip’s Edge AI business unit. “As the core memory technology for Mythic’s next-generation products, memBrain delivers significant power efficiency and high performance for both edge and data center applications.”

The memBrain cell features:

• Up to 8 data bits per bitcell (8 bpc) storage
• Single-digit nanoamp (nA) bitcell read current
• 10-year data retention at operating temperature
• 100,000 endurance cycles
• Full state machine control of the 8 bpc multi-state write operation
• Single cycle multiply-and-accumulate operations for aCIM

“Mythic selected SST after an industry-wide search of eNVM technologies and determined the memBrain cell technology best enabled us to achieve the ultra-low-power and high performance required by our customers,” said Dr. Taner Ozcelik, Mythic’s chief executive officer. “Additionally, the wide foundry availability of its industry-proven SuperFlash technology, coupled with the outstanding support of the SST engineering team has been invaluable during our product development cycle.”

SST’s memBrain technology has been developed and deployed in 40 nm and 28 nm foundry processes using production-ready SuperFlash memory. 22 nm memBrain development is planned to extend the technology roadmap. Designed to provide reliable, high-performance and low-power non-volatile storage directly on the chip, SuperFlash memory is widely used in applications that require fast access times, high endurance and data retention without the need for external memory components.

Pricing and Availability

Customers interested in SST’s memBrain solutions and SuperFlash technology should access the SST website or contact a regional SST sales executive for details. Those interested in Mythic’s products should visit the Mythic website or contact Taner Ozcelik at taner.ozcelik@mythic.ai.

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

• Application image: www.flickr.com/photos/microchiptechnology/54614325889/sizes/o/
  
  

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 Silicon Storage Technology (SST):
Microchip Technology’s SST subsidiary is a leading provider of embedded flash technology. SST develops, designs, licenses and markets a diversified range of proprietary and patented SuperFlash memory technology solutions for the consumer, industrial, automotive and Internet of Things (IoT) markets. SST was founded in 1989, went public in 1995 and was acquired by Microchip in April 2010. SST is now a wholly owned subsidiary of Microchip and is headquartered in San Jose, Calif. For more information, visit the SST website at www.sst.com.

About Mythic:
Mythic is ushering in a new era of accelerated computing with its Analog Processing Units (APUs)—a fundamentally different approach to AI inference that collapses compute and memory into a single plane. By overcoming the energy bottlenecks of traditional digital architectures, Mythic delivers unparalleled performance-per-watt across edge devices, autonomous systems, and data centers. Its investors include DCVC, NEA, Atreides, S3 Ventures, Softbank KR, Future Ventures, Honda Motors, Lockheed Martin, One Madison Group, and Linse Capital, among others. Learn more at www.mythic.ai.

Note: The Microchip name and logo, the Microchip logo, Silicon Storage Technology, SST and SuperFlash are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. memBrain is a trademark of Microchip Technology Inc. in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.

Editorial Contact:	Partner Media Contact:	Reader Inquiries:
Brian Thorsen	Hannah Chen	1-888-624-7435
480-792-7182	hannah.chen@mythic.ai
brian.thorsen@microchip.com

This press release was published by a CLEAR® Verified individual.

FAQ

What does Microchip's (MCHP) memBrain selection mean for Mythic's APU performance?

Mythic's APUs now target 120 TOPS/watt, improving power efficiency for inference workloads. According to Microchip, memBrain uses SuperFlash eNVM to enable analog compute-in-memory, reducing energy per operation for edge and data center AI acceleration.

How energy-efficient are Mythic APUs compared to GPUs after the memBrain deal (MCHP)?

Mythic targets up to 100x greater energy-efficiency versus conventional GPUs for inference. According to Mythic, combining memBrain with analog compute-in-memory yields significantly lower power consumption for equivalent inference throughput.

What are the key technical specs of SST memBrain cells in the Microchip (MCHP) announcement?

memBrain cells support up to 8 bits per cell, single-digit nA read current, 10-year retention and 100,000 endurance cycles. According to Microchip, these features enable high-density, low-power analog compute-in-memory for AI inference.

Which process nodes will use memBrain SuperFlash for Mythic APUs mentioned by Microchip (MCHP)?

memBrain is deployed in 40 nm and 28 nm foundry processes, with 22 nm development planned. According to Microchip, the technology is production-ready in 40 nm and 28 nm to support immediate product integration.

Does the Microchip (MCHP) release state how widely SuperFlash is used in industry?

SuperFlash is licensed by leading foundries and used across industrial, automotive, consumer and computing markets. According to Microchip, 150 billion SuperFlash units have been shipped to date, indicating broad adoption.

How can customers inquire about memBrain solutions from Silicon Storage Technology (MCHP)?

Interested customers should contact regional SST sales or visit the SST website for memBrain and SuperFlash details. According to Microchip, regional SST sales executives can provide pricing, availability and technical support information.