Stock price Microchip Technology Inc (MCHP) today

Microchip Technology is one of the world's leading manufacturers of electronic components, including USB, ZigBee, MiWi, LoRa, SIGFOX and Ethernet, with annual revenues of more than $ 3.5 billion. It was founded in 1987 when General Instrument turned its microelectronics division into a subsidiary. Microchip Technology became an independent company in 1989, in 1993 it became public after an IPO. By 2009, Microchip Technology sold more than 6 billion microcontrollers, and in 2010 acquired Silicon Storage Technology. Since 2011, the company produces more than a billion microprocessors per year. Atmel was acquired in 2016 for $ 3.56 billion; in 2018, Microsemi was acquired for $ 8.35 billion. The company is part of the NASDAQ-100 and S & P 500.