Est: 1989
Headquarters: Chandler, AZ
Founded by: General Instruments
Microchip Technology NASDAQ MCHP started as a spin off from General Instruments in 1987, became an independent company in 1989, and is now a leading manufacturer of microcontroller, memory and analog semiconductors. By 2011, Microchip Technology was shipping a billion microprocessors annually. Microchip aquired several other popular companies including Silicon Storage Technology in 2010 for $292 million and Atmel in 2016 for $3.56 billion. Maxim Integrated Products, Texas Instruments, Infineon, STMicroelectronics, and Analog Devices remain some of Microchip's chief competitors.