Microchip Technology Inc (Microchip) develops, manufactures and sells smart, connected and secure embedded control solutions for variety of applications. The company offers microcontrollers and microprocessors, analog, amplifier and linear ICs, data converters, data converters, embedded controllers, FPGAs and PLDs, and interface, security products. It also offers LED drivers, discrete active components, clock and timing products, sensors and motor drive products, memory products and among others. The company's functional activities include manufacturing, sales, marketing, human resources, information technology, legal and finance.

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Microchip focuses on developing smart, connected, and secure embedded control solutions. The company's R&D initiatives include advancements in edge computing and IoT through low-power microcontrollers (MCUs), microprocessors (MPUs), and FPGAs. It also emphasizes mixed-signal and analog technologies for connectivity, power management, and timing synchronization systems. Additionally, Microchip Technology Inc is engineering AI-ready silicon architectures for fast local decisions at the edge and designing robust components for automotive, industrial, aerospace, and defense applications. Microchip’s R&D units are located in the United States, India, and Europe. The core corporate and advanced technology labs in Arizona and California focus on the company's primary R&D activities. In India, major engineering facilities in Bangalore, Chennai, and Hyderabad are responsible for building MCUs, MPUs, and networking tools. In Europe, specialized design hubs in Nantes and Bruges (France) work on automotive, industrial, and silicon-carbide power modules. In FY2026, the company incurred expenses of US$1,085.9 million, which as a percentage of revenue, stood at 23.0%, Which increased 10.4% YOY.