Microchip Technology

MCHP

Microchip Technology Inc. is a publicly-listed American corporation that is a manufacturer of microcontroller, mixed-signal, analog and Flash-IP integrated circuits. Its products include microcontrollers (PIC, dsPIC, AVR and SAM), Serial EEPROM devices, Serial SRAM devices, embedded security devices, radio frequency (RF) devices, thermal, power and battery management analog devices, as well as linear, interface and wireless solutions.Corporate headquarters are located in Chandler, Arizona, with wafer fabs in Tempe, Arizona, Gresham, Oregon, and Colorado Springs, Colorado, assembly/test facilities in Chachoengsao, Thailand, and Calamba and Cabuyao, Philippines. Sales for the fiscal year ending on March 31, 2019 were $5.35 billion.Microchip Technology offers support and resources to educators, researchers and students in an effort to increase awareness and knowledge of embedded applications. Support includes access to labs, curricula and course materials, One-on-one consultations, online resources (e.g., code examples, textbook recommendations), training at regional training centers, silicon donations, assistance finding low cost development tools, free versions of Microchip programming tools and product discounts.

Microchip Technology has been a target of short sellers for a while. The current short interest of 6.04% is roughly at the average of the last 12 months (5.30%).