Microchip Technology designs and sells embedded control semiconductors—8/16/32‑bit microcontrollers and processors, analog and mixed‑signal ICs, FPGAs, connectivity devices, memory—and the development tools engineers use to build them into products across industrial, automotive, consumer, and aerospace/defense markets. The company also licenses Flash memory IP and provides software and reference designs. Founded in 1989, it is headquartered in Chandler, Arizona, and is publicly traded on NASDAQ (ticker: MCHP).