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Microchip Technology Inc

Microchip Technology Inc (MCHP)

96.03
1.22
( 1.29% )
Updated: 10:11:58

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Key stats and details

Current Price
96.03
Bid
96.02
Ask
96.05
Volume
837,367
93.98 Day's Range 96.155
68.75 52 Week Range 100.565
Market Cap
Previous Close
94.81
Open
94.07
Last Trade
2
@
96.0383
Last Trade Time
10:12:01
Financial Volume
$ 79,339,756
VWAP
94.7491
Average Volume (3m)
5,907,237
Shares Outstanding
536,885,996
Dividend Yield
1.82%
PE Ratio
26.68
Earnings Per Share (EPS)
3.55
Revenue
7.65B
Net Profit
1.91B

About Microchip Technology Inc

Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-en... Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well. Show more

Sector
Semiconductor,related Device
Industry
Semiconductor,related Device
Headquarters
Wilmington, Delaware, USA
Founded
1970
Microchip Technology Inc is listed in the Semiconductor,related Device sector of the NASDAQ with ticker MCHP. The last closing price for Microchip Technology was $94.81. Over the last year, Microchip Technology shares have traded in a share price range of $ 68.75 to $ 100.565.

Microchip Technology currently has 536,885,996 shares outstanding. The market capitalization of Microchip Technology is $50.90 billion. Microchip Technology has a price to earnings ratio (PE ratio) of 26.68.

Microchip Technology (MCHP) Options Flow Summary

Overall Flow

Bullish

Net Premium

32k

Calls / Puts

100.00%

Buys / Sells

0.00%

OTM / ITM

100.00%

Sweeps Ratio

0.00%

MCHP Latest News

Costco Hikes Membership Fees; ON Semiconductor Stock Drops 3%; WD-40 Soars 13% on Strong Q3 Earnings

Costco Wholesale (NASDAQ:COST) – Costco has increased its membership fees by $5 for annual members, while the top-tier plan sees a $10 increase. This is the first fee hike since 2017...

Microchip Unveils Industry’s Highest Performance 64-bit HPSC Microprocessor (MPU) Family for a New Era of Autonomous Space Computing

CHANDLER, Ariz., July 09, 2024 (GLOBE NEWSWIRE) -- The world has changed dramatically in the two decades since the debut of what was then considered a trail-blazing space-grade processor used in...

Microchip Technology Expands Processing Portfolio to Include Multi-Core 64-Bit Microprocessors

CHANDLER, Ariz., July 09, 2024 (GLOBE NEWSWIRE) -- Real-time, compute intensive applications such as smart embedded vision and Machine Learning (ML) are pushing the boundaries of embedded...

Microchip Releases Its 2023 Sustainability Report Highlighting Its Environmental Stewardship and Social Impact

CHANDLER, Ariz., June 26, 2024 (GLOBE NEWSWIRE) -- One of Microchip’s Guiding Values is “Professional Ethics and Social Responsibility Are Practiced,” which means that the company manages its...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
12.752.9481132075593.2896.6291.73511490793.54142769CS
43.533.8162162162292.596.6288.1684568128891.61321985CS
125.245.7715607445890.79100.56587.49590723793.24845562CS
2612.0314.321428571484100.56579.94573109489.65044551CS
526.747.5484376749989.29100.56568.75521344886.27415702CS
156-35.66-27.0787455388131.69166.1354.33471027880.89946921CS
2605.245.7715607445890.79166.6753.15378100687.92324868CS

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MCHP Discussion

View Posts
Monksdream Monksdream 2 months ago
MCHP 10Q due 5/6
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Porgie Tirebiter Porgie Tirebiter 3 years ago
MCHP did a 2:1 forward split today? I didn't even know that was coming!
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Stockman1010101 Stockman1010101 4 years ago
MCHP Earnings should blow away the estimates. Watch and Learn. GLTA.
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HERMES8 HERMES8 7 years ago
Microchip Technology (MCHP) Has Potential To Growth

With some uncertain trading in the summer, investors were starting to worry if the incredible growth in the semiconductor industry could keep up, and if stocks in this segment would continue moving in the right direction. After all, the space had been on fire and there was plenty of hype regarding a variety of new areas for semiconductor companies to expand into in the near future, but questions remained about how just how far in the future this boom might be.

Though not in the same Zacks Industry as Micron, Microchip Technology (MCHP) is also a well-positioned semiconductor stock. This is especially true when you consider what an incredible premium investors are putting on growth in today’s environment, as MCHP has a Growth Grade of ‘A’ right now.

This strong grade is due to the industry-beating margins and projected sales growth, as well as a ROE above 34%. Add in projected EPS growth over 30% and a stunning 57% growth in current cash flow growth, and it is clear that this stock is a growth investor’s dream.

But it isn’t just cash flow growth that is impressive, as the company is also making great gains on the profit front too. Analysts are also taking note of these trends, and we have seen only analyst upgrades when it comes to earnings expectations over the past two months.

The analyst moves haven’t just been a penny or two either. We have seen a pretty sizable magnitude change in the consensus for a number of time periods. This includes a seven percent shift in the current quarter consensus in the past two months, a 7.7% move in the full year consensus in the same time frame, and a similar boost to the following year as well.http://www.stocksmarketnews.com/bull-of-the-day-microchip-technology-mchp/

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jimmytrain jimmytrain 7 years ago
too much cash on hand
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Democritus_of_Abdera Democritus_of_Abdera 13 years ago
MCHP Newsletter Re: Disaster in Japan Impact....

I received this e-mail from MCHP today... The bolding is mine (and not in the original msg)...

March 22, 2011
Dear Customers:

The devastation caused by the earthquakes, tsunami and the nuclear threat on Japan's people and resources is unprecedented. Our sympathy and prayers continue to be for the Japanese people.

We are learning more about the impact of this disaster on our industry each day. The realities are just starting to be understood, and they are not good for the overall supply chain. While the human casualties remain at the forefront of everyone's mind, many of you have contacted Microchip to determine whether there will be any impact to our supply chain. Microchip now has extensive updates from our supply-chain partners. First, I would like to remind everyone that Microchip's primary manufacturing facilities are located in Arizona and Oregon, and our primary test and assembly facility is located in Thailand.

That said, we have a small supply of products from our Silicon Storage Technology acquisition that come from Japan, but that facility is not in the affected zone. Some of Microchip's raw materials and supplies come from Japan, including our primary silicon wafer supplier, which is located in western part of Japan, away from the areas affected by the earthquake and subsequent tsunami. However, we have confirmation that there are no disruptions to our supply line. Also, our supply of packaging raw materials comes from locations outside of Japan.

Therefore, I would like to confirm to our customers that we have zero reported disruptions to our supply chain. With some planning and a lot of luck, we have completely dodged this bullet so far; the terrible human toll not withstanding.

However, as we read the status of various fabrication, assembly, test and material plants in the affected area of Japan, we expect the impact to our industry to be significant. There are a number of other manufacturers producing non-Microchip microcontrollers that have been impacted. It is unclear how long and how deep the shortages and disruptions in the supply of non-Microchip microcontrollers will persist.

It is becoming quite clear that many who depend on non-Microchip microcontrollers are also in need of help, based on these shortages. In fact, we have already received a barrage of inquiries from customers in need of a quick "replacement" for several non-Microchip microcontrollers that they had in production. Some of these microcontrollers can be replaced very quickly with Microchip's PIC® microcontrollers, while others would require a bit of redesign effort. So, in the below paragraphs, let me first describe Microchip's capabilities and capacity, followed by a call to action for our existing customers.

Microchip has substantial manufacturing capacity to help those customers who are stranded because of a disruption in their supply chain. We have already initiated the ramp of our fab, assembly and test facilities to produce more supply of our products. Microchip also has more than 1000 global design partners prepared to help every customer in identifying substitute microcontrollers, analog, memory and wireless solutions from Microchip's extensive portfolio, in addition to converting code and assisting with product design. We also have a network of more than 80 distributors throughout the world that are ready to help customers in sourcing production quantities of Microchip's semiconductors.

Now, here is the challenge. Recently, the lead times of Microchip's products have come down and, as a result, many customers have only placed near-term backlog. Before we commit our availability to competitors' customers who are stranded, we would like to ensure that our current customers are taken care of. Despite zero disruptions in our supply line today, the circumstances are changing every day. Some allocations of Microchip's raw materials could develop in the near future, if Microchip's Japanese suppliers start to allocate the output of their unaffected facilities. This fear of raw-material allocation, together with significant demand from our competitors' stranded customers, is likely to take the lead times of Microchip's products back out.

So, here is a call to action for all of Microchip's existing customers. Please make sure that you immediately review your needs and place an order for no less than 12 weeks of your requirements. I have issued similar calls before. History bears out that those who heeded my requests were better off, while the others had to pay expedite charges or suffer delays in product delivery. I am expecting a huge surge of redesign inquiries, as system manufacturers move to rescue their microcontroller and analog product supplies. Therefore, our existing customers should get in line first. We work from backlog, and those who commit backlog to us secure the supply first. In a couple of weeks, we will look at the availability above backlog and start committing that to stranded customers looking for substitutions.

We will update you as the situation changes and when there are further significant developments. If you have any questions, you can always reach us at here2help@microchip.com. Meanwhile, please take immediate action to secure your supply of Microchip product.


Sincerely,



Steve Sanghi
President and CEO
Microchip Technology Inc.

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Democritus_of_Abdera Democritus_of_Abdera 13 years ago
MCHP Manufacturing Facilities...

One consequence of Japan's current misfortune may be unreliable or sporatic electrical supply to its semiconductor fabrication facilities. I gather from the news that wafer fabrication would be severely compromised if there are unplanned and intermittent power outages.

I wonder if MCHP depends upon Japanese sources in any meaningful way. My interpretation of MCHP's most recent 10 K (June 2, 2010) is that MCHP might not be directly affected (except, possibly, for some wafer assembly and testing). i.e.:Our manufacturing operations include wafer fabrication and assembly and test. The ownership of our manufacturing resources is an important component of our business strategy, enabling us to maintain a high level of manufacturing control resulting in us being one of the lowest cost producers in the embedded control industry. By owning our wafer fabrication facilities and our assembly and test operations, and by employing statistical techniques (statistical process control, designed experiments and wafer level monitoring), we have been able to achieve and maintain high production yields. Direct control over manufacturing resources allows us to shorten our design and production cycles. This control also allows us to capture the wafer manufacturing and a portion of the assembly and testing profit margin.

Our manufacturing facilities are located in:

• Tempe, Arizona (Fab 2)
• Chandler, Arizona (probe operations)
• Gresham, Oregon (Fab 4)
• Bangkok, Thailand (assembly, probe and test)
.
.
.

We perform product assembly and testing at our facilities located near Bangkok, Thailand. As of March 31, 2010, approximately 65% of our assembly requirements were being performed in our Thailand facility. As of March 31, 2010, our Thailand facility was testing substantially all of our wafer production. We use third-party assembly and test contractors in several Asian countries for the balance of our assembly and test requirements.
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Entangled Proton Entangled Proton 13 years ago
Great play if you had a 1/2 mil or so invested.
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Entangled Proton Entangled Proton 13 years ago
WOW !!! You been here all this time ? No wonder we haven't seen you much.
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MorningLightMountain MorningLightMountain 13 years ago
It hasn't been bad so far, for a longer term pick.....
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MorningLightMountain MorningLightMountain 14 years ago
yes, sometimes, but I'm familiar with this Co's products.....

PS: I am not long, short, or anything.....just thought this would be a good new board for I-hub.....
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Entangled Proton Entangled Proton 14 years ago
You do know everything Cramer barks about goes down. lol
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MorningLightMountain MorningLightMountain 14 years ago
MCHP trading stats:

http://www.profitspi.com/stock/view.aspx?v=price-and-chart&p=15944&i=MCHP&pv=recent-symbols&pp=MCHP
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MorningLightMountain MorningLightMountain 14 years ago
Welcome to the new MCHP board. I will be working on the I-box, but it will be minimal for now, as DD on this Co is easy to find.
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