MCHP

Microchip Technology Incorporated (NASDAQ: MCHP) announced that Mitch Little, former Senior Vice President,...

Published: Jun 1, 2026   |  Read Original Article ↗

Article Summary

BUY
  • Microchip Technology Incorporated (NASDAQ: MCHP) announced that Mitch Little, former Senior Vice President, Worldwide Client Engagement of Microchip, will join the Board of Directors effective June 1, 2026.
  • Little retired from Microchip effective May 31, 2022, and since founded CUSP Advisory Group and has authored two books, Shiftability: Creating a Sustainable Competitive Advantage in Selling and Leading by Serving, When Outcomes Matter Most, to help lead others in understanding client value, excellence in co-creating leadership, and results outcome.
  • Microchip's President and CEO, Steve Sanghi, said, We are pleased to welcome Mitch Little to Microchip's Board of directors.
  • Mitch is a highly respected semiconductor industry veteran whose long tenure with Microchip included senior leadership roles across our global sales, applications, and product line organizations.
  • He played a key role in shaping our distinctive culture and performance-driven operating model and was deeply involved in our strategic growth, including our acquisitions.
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Growth Stock Metric Rating
MCHP Rating
63.8
HOLD

Growth Stock Scoring Breakdown

METRIC VALUE WEIGHT ANALYSIS
Sales Growth TTM ? 7.1% 25% 35.0 ptsBelow Screener (7.1%) - Weak growth
EPS Growth Next 5Y ? 40.1% 25% 100.0 ptsExceptional (40.1%) - Very high expectations
Target Price Upside ? 27.1% 20% 75.0 ptsSignificant Upside (27.1%) - Target: $116.35 vs Current: $91.52
Gross Margin % ? 43.6% 15% 60.0 ptsSolid (43.6%) - Decent margins
Drawdown from 52-Wk High ? -13.6% 15% 40.0 ptsMild Pullback (-13.6%) - Light entry opportunity
Disclaimer: This rating is for informational purposes only and is not financial advice. All data sourced from Finviz. Always conduct your own research and consult with a financial advisor before making investment decisions. Past performance does not guarantee future results.

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About MCHP

Technology Semiconductors Chandler, AZ, United States
  • Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia.
  • It operates through two segments, Semiconductor Products and Technology Licensing.
  • The company offers general purpose 8-bit, 16-bit, 32-bit, and 64-bit mixed-signal microcontrollers; 32-bit and 64-bit embedded mixed-signal microprocessors; and specialized mixed-signal microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications.
  • It also provides analog products, including power management, linear, mixed-signal, high voltage, thermal management, discrete diodes and MOSFETS, radio frequency (RF), drivers, safety, security, timing, USB, ethernet, wireless, and other interface products; field-programmable gate array (FPGA) products; and application development tools that enable system designers to program mixed-signal microcontroller, FPGA, and microprocessor products.
  • In addition, the company offers memory products that consist of serial electrically erasable programmable read only memory (EEPROMs), serial flash memories, parallel flash memories, serial static random-access memory (SRAM), and electrically erasable random-access memory (EERAMs) for production of footprint devices; and licenses its SuperFlash embedded flash and non-volatile memory technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products, as well as provides engineering services.
  • Further, it provides wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems, application specific integrated circuits, and products for aerospace applications.
  • The company was incorporated in 1989 and is headquartered in Chandler, Arizona.
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