Morningstar

Morningstar, Inc.

Equity Bottom-Up

Microchip Technology reported solid fiscal fourth-quarter results in light of a sluggish demand environment for the firm's microcontrollers and analog semiconductors. The company's outlook for the June quarter was a bit soft, as the heightened risk this week of a prolonged trade war between the U.S. and China has given Microchip some hesitancy in pronouncing a chip demand recovery. Looking at the long term, we still think Microchip is well exposed to secular trends of rising chip content per…

United States

Microchip Technology Incorporated designs, manufactures, and markets microcontrollers, related mixed-signal and memory products, and application development systems for high-volume embedded control applications. The Company also designs, develops, and markets linear/mixed-signal, power management, and thermal management products.

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