Microchip Technology Inc
Market Cap
53B
Short interest (May 15)
5.4%
Net Short (Jun 03 ): 0.1%
Borrow Fee
0.41%
↓ 1.1%
Available Shares
5M
↓ 35.8%
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Company Overview
Microchip Technology 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.
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