Microchip Technology Inc - MCHP share price

About Microchip Technology Inc

Microchip Technology Incorporated is a provider of smart, connected, and secure embedded control solutions. The Company's product portfolio is a combination of hardware, software, and services. Its synergistic product portfolio empowers disruptive growth trends, including fifth-generation, data centers, artificial intelligence, and machine learning, the Internet of things and edge computing, advanced driver assists systems and autonomous driving, and electric vehicles. It operates through two segments. In the semiconductor products segment, the Company designs develops, manufactures, and markets microcontrollers, development tools, and analog, interface, mixed-signal, timing, wired and wireless connectivity devices, and memory products. The technology licensing segment includes sales and licensing of the Company's intellectual property. Its solutions serve approximately 124,000 customers across the industrial, automotive, consumer, aerospace and defense, communications, and computing markets.