Microchip Technology Inc. Stock Price, News & Analysis

Microchip Technology (MCHP) has announced its participation in the Raymond James 46th Annual Investors Conference scheduled for March 6, 2025, at 9:50 a.m. Eastern Time. The presentation will feature Eric Bjornholt, Senior Vice President and CFO, alongside Sajid Daudi, Head of Investor Relations.

The event will be accessible via live webcast through Raymond James and the Microchip website. Microchip Technology, headquartered in Chandler, Arizona, serves approximately 112,000 customers across industrial, automotive, consumer, aerospace and defense, communications, and computing sectors, providing smart, connected, and secure embedded control solutions.

Microchip Technology (MCHP) has unveiled its new SAMA7D65 microprocessor series, featuring a 1 GHz Arm® Cortex®-A7 core. The series is available in two variants: a System-in-Package (SiP) with 2 Gb DDR3L and a System-on-Chip (SoC).

The processors include advanced graphics capabilities with LVDS, MIPI DSI interfaces, and 2D GPU, targeting Human-Machine Interface applications in industrial, medical, and transportation markets. Key features include dual Gigabit Ethernet with Time Sensitive Networking support for precise synchronization and low-latency communication.

The SAMA7D65D2G SiP variant integrates 2 Gb DDR3L memory, streamlining development and simplifying supply chain logistics. The series is supported by Microchip Graphics Suite and MPLAB® Harmony v3, offering comprehensive tools for GUI development.

Microchip Technology (MCHP) has introduced MPLAB® XC Unified Compiler Licenses for its MPLAB XC8, XC16, XC-DSC and XC32 C compilers, streamlining the management of multiple licenses. This new unified approach aims to reduce financial and administrative burdens associated with managing separate software access models.

The solution offers multiple license tiers: Workstation License (for up to three machines, single user), Network Server License (server-based, single concurrent access), Subscription License (monthly renewal option), and Multi-Seat Network License (multiple simultaneous users).

The MPLAB XC Compilers integrate with MPLAB X IDE, MPLAB Xpress IDE, MPLAB IPE, and MPLAB Extensions for VS Code®, supporting Linux®, macOS®, and Windows® platforms. The new system will be showcased at Embedded World (March 11-13, 2025), with live chat support available in MPLAB X IDE version 6.25 releasing in early March.

Microchip Technology (MCHP) has launched two new touchscreen controller families, the ATMXT3072M1 and ATMXT2496M1, designed for automotive displays. These controllers support displays up to 20 inches in 16:9 format and 34 inches in 7:1 format, featuring up to 112 reconfigurable touch channels.

The new controllers offer improved touch Signal-to-Noise Ratio by up to +15 dB compared to previous generations, addressing challenges in large, curved displays including OLED and microLED technologies. They are compliant with ASIL-A and B standards and feature firmware authentication using SHA-512 cryptographic hash function for secure Over-the-Air updates.

The controllers include Knob-on-Display technology for physical knob integration and enhanced haptic feedback features with ultra-low-latency control, supporting automakers in meeting upcoming Euro NCAP safety requirements for 2026.

Microchip Technology (MCHP) has launched the MPLAB® AI Coding Assistant, a free Microsoft VS Code extension designed to enhance software development efficiency. The tool, based on the Continue open-source AI code assistant, features Microchip's AI chatbot for real-time support and includes advanced autocomplete capabilities, error detection, and integrated access to Microchip documentation.

The assistant's unique sidebar chat feature can deliver block diagrams within the VS Code interface, distinguishing it from other code assistants. While the basic version is free, some advanced features require a subscription license. The company will showcase the tool at Embedded World (March 11-13, 2025).

Microchip Technology (NASDAQ: MCHP) has declared a quarterly cash dividend of 45.5 cents per share, payable on March 7, 2025, to stockholders of record on February 24, 2025. The company has maintained a consistent dividend payment history since initiating quarterly payments in the third quarter of fiscal year 2003, having increased its dividend 83 times since then.

The company serves approximately 112,000 customers across industrial, automotive, consumer, aerospace and defense, communications, and computing markets. Based in Chandler, Arizona, Microchip specializes in providing smart, connected, and secure embedded control solutions, offering development tools and a comprehensive product portfolio focused on reducing system costs and time to market.

Microchip Technology (MCHP) reported Q3 FY2025 results with net sales of $1.026 billion, showing a decline of 11.8% sequentially and 41.9% year-over-year. The company posted a GAAP net loss of $53.6 million ($0.10 per share), compared to net income of $419.2 million ($0.77 per share) in the year-ago quarter.

Non-GAAP net income was $107.3 million ($0.20 per share), down from $592.7 million ($1.08 per share) year-over-year. Gross profit margins were 54.7% (GAAP) and 55.4% (non-GAAP). The company returned $244.6 million to stockholders through dividends and declared a quarterly dividend of 45.5 cents per share, up 1.1% year-over-year.

Management noted high inventory levels at 266 days and initiated restructuring efforts, including manufacturing footprint adjustments and channel strategy changes. The company provided Q4 FY2025 guidance with net sales between $920.0 million to $1.000 billion, maintaining a cautious outlook.

Microchip Technology has announced the appointment of Victor Peng to its Board of Directors, effective February 10, 2024. Peng, the former President of Advanced Micro Devices (AMD), brings over 40 years of industry experience to the role. His extensive background includes serving as president, CEO, and board member at Xilinx for 14 years (2008-2022) before joining AMD, where he worked until his retirement in 2024.

Peng currently serves on the board of KLA since February 2019. Microchip's President and CEO, Steve Sanghi, highlighted Peng's valuable experience in technology, strategy, and operations, particularly noting his knowledge of the semiconductor industry as an asset to the board.

Microchip Technology (MCHP) has unveiled its second-generation Low-Noise Chip-Scale Atomic Clock (LN-CSAC), model SA65-LN, featuring a reduced profile height of less than ½ inch while maintaining power consumption below 295 mW. The device combines crystal oscillator and atomic clock capabilities in a single compact unit, operating within a temperature range of -40°C to +80°C.

The new LN-CSAC offers low-phase noise at 10 Hz < -120 dBc/Hz and Allan Deviation stability <1E-11 at 1-second averaging time. It provides initial accuracy of ±0.5 ppb, frequency drift performance of <0.9 ppb/mo, and maximum temperature-induced errors of < ±0.3ppb. The device is specifically designed for aerospace and defense applications, including mobile radar, dismounted radios, IED jamming systems, autonomous sensor networks, and unmanned vehicles.