When this Arizona-based microelectronics maker went public in 1993, it was a penny stock. Twenty-five years later, the company’s shares trade in the $60s and higher. The world’s seemingly bottomless appetite for computer chips has kept the business growing at a healthy clip, leading to nearly $4 billion in sales in its last fiscal year. Microchip Technology, known for its tiny, computer-like, microcontroller circuits, continues to expand by making big acquisitions, most recently picking up Microsemi, a California manufacturer, for $10 billion.
Company Information
Overall Score | 2.8 |
Sector | Technology |
Industry | Semiconductors and Semiconductor Equipment |
CEO | Steve Sanghi |
Website | http://www.microchip.com |
Employees | 14,234 |
HQ Location | Chandler, Ariz. |
Revenues ($M) (Past 12 Months) | $4,221 |
Profits ($M) (Past 12 Months) | $120 |
Market Value as of Oct. 10, 2018 ($M) | $15,650 |