New EX‑423 Evacuated Miniature Crystal Oscillator for Critical Timing in Low- and Battery-Powered Applications
Rhea-AI Summary
Microchip Technology (Nasdaq:MCHP) introduced the EX‑423 Evacuated Miniature Crystal Oscillator (EMXO), a compact, low‑power timing device for high‑stability, high‑reliability applications. The EX‑423 operates from 10–20 MHz, in a 13 mm x 13 mm package, and is ruggedized in an ultra‑high vacuum for thermal insulation and frequency stability.
It features a four‑point mounted quartz crystal for enhanced shock survivability and reduced g‑sensitivity, power consumption of 1W during warm‑up and 0.2W at +25°C, and targets GPS/GNSS, military radios, medical devices, seismic systems, test equipment and satellite communications.
AI-generated analysis. Not financial advice.
Positive
- New EX‑423 EMXO expands Microchip’s high‑performance timing portfolio
- Low power consumption of 1W warm‑up and 0.2W at +25°C steady state
- Compact 13 mm x 13 mm package for space‑ and power‑constrained designs
- Ultra‑high vacuum sealing and four‑point crystal mount for improved stability and shock survivability
- Now commercially available, enabling near‑term design‑in for targeted applications
Negative
- None.
News Market Reaction – MCHP
On the day this news was published, MCHP gained 0.34%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
MCHP traded down 1.01% while peers showed mixed moves: ALAB up 8.27%, MPWR up 1.17%, STM up 3.51%, CRDO down 6.21%, NXPI down 0.54%. Momentum scanner peers UMC (+9.30%), MPWR (+1.73%) and STM (-1.24%) underline that today’s move appears more stock-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| May 07 | Dividend announcement | Positive | -2.5% | Declared quarterly cash dividend of $0.455 per share for common stockholders. |
| May 07 | Earnings results | Positive | -2.5% | Reported strong Q4 and fiscal 2026 sales and EPS with higher Q1 guidance. |
| May 07 | Product launch | Positive | -1.3% | Introduced LAN878x/LAN888x Single Pair Ethernet PHYs with MACsec and TSN. |
| Apr 28 | Security products update | Positive | -3.0% | Expanded Trust Shield PQC‑ready root of trust and secure boot controllers. |
| Apr 27 | Capacity expansion | Positive | -2.9% | Opened new Alabama facility to increase hydrogen maser manufacturing capacity. |
Recent positive corporate updates (earnings growth, product launches, dividends, capacity expansion) were followed by short-term share price declines, indicating a pattern of negative reactions to constructive news.
Over the past few weeks, Microchip reported strong fiscal Q4 results with net sales of $1.311 billion and fiscal 2026 net sales of $4.713 billion, alongside a quarterly dividend of $0.455 per share, yet the stock fell 2.45% after earnings and dividend news on May 7. Additional technology announcements, including secure Ethernet PHYs, post‑quantum‑ready controllers, and expanded hydrogen maser manufacturing capacity on April 27–28, also coincided with declines between 1.3% and 2.97%. Today’s EX‑423 timing product launch fits this cadence of solid operational updates against a weaker short-term price trend.
Market Pulse Summary
This announcement expands Microchip’s timing portfolio with the EX‑423 EMXO, a ruggedized oscillator in a 13 mm x 13 mm package operating over 10–20 MHz and consuming 1 W at warm‑up and 0.2 W in steady state. It follows recent earnings growth, dividend continuity, and capacity investments. Investors may watch how this specialized product gains traction across GPS/GNSS, military and medical applications and how ongoing insider selling activity evolves relative to these operational developments.
Key Terms
evacuated miniature crystal oscillator technical
rf performance technical
allan deviation technical
gps/gnss technical
AI-generated analysis. Not financial advice.
Ruggedized in an ultra-low vacuum for enhanced thermal insulation, the EX-423 delivers stability and RF performance
CHANDLER, Ariz., May 14, 2026 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announced the EX‑423 Evacuated Miniature Crystal Oscillator (EMXO), a compact, low‑power timing solution designed for applications that demand high stability, accuracy and long‑term reliability. Building on the company’s EX‑421 portfolio, the EX‑423 delivers high RF performance in a low‑profile 13 mm x 13 mm package for space‑ and power‑constrained designs.
Ruggedized for demanding environments, the EX‑423 is sealed in an ultra‑high vacuum designed to provide optimal thermal insulation and help improve frequency stability. Its quartz crystal uses a four‑point mount to enhance shock survivability and reduce g‑sensitivity, making it well suited for GPS/GNSS tracking, military radios, medical devices, Ocean Bottom Node (OBN) seismic systems, test and measurement equipment and satellite communications.
“When developing the EX‑423, we focused on the key parameters designers use to evaluate high‑performance reference oscillators,” said Randy Brudzinski, corporate vice president of Microchip’s frequency and time systems business unit. “Delivering this level of performance in a rugged, small footprint helps customers simplify designs without compromising timing accuracy.”
The EX‑423 combines ultra‑low phase noise with tight temperature control, strong short‑term stability (Allan deviation), fast warm‑up, and long‑term frequency stability. Operating over a standard 10–20 MHz frequency range, the device consumes 1W during warm‑up and as little as 0.2W at +25 °C in steady state, helping extend battery life while maintaining a clean, stable reference under specified operating conditions.
Microchip offers an extensive portfolio of clock and timing systems from miniature component oscillators to small plug-in timing server cards to multi-rack time scale systems. Recognized as a contributor to the world's time, Microchip's timing solutions are trusted, reliable and resilient. For more information, visit Microchip's Clock and Timing Systems web page.
Pricing and Availability
The EX-423 EMXO is now available for purchase. For more information, technical or sales support please reach out to a Microchip Sales Representative or email: VOP-Support@microchip.com.
Resources
High-res images available through Flickr or editorial contact (feel free to publish):
• Application image: https://www.flickr.com/photos/microchiptechnology/55251594248/sizes/l
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.
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 Contact: | |
| Kim Dutton | |
| 480-792-4386 | |
| kim.dutton@microchip.com |