CHANDLER, Ariz., April 25, 2024 (GLOBE NEWSWIRE) -- As we see an increased number of electric vehicles (EVs) on the road, the necessary charging infrastructure must expand to meet the increased demand. Adding credit card payment options to EV chargers is becoming a standard practice in many countries—and is a mandate in the European Union—and chargers need to meet Payment Card Industry (PCI) security standards. To help EV charger designers protect their payment architectures, Microchip Technology (NASDAQ:MC ...

Fresh off receiving U.S. CHIPS Act funding for a small manufacturing expansion, Microchip just announced a couple of AI and auto acquisitions.Shares of Microchip (MCHP -3.00%) remain near all-time highs even though its primary customers in the automotive and industrial markets are in the midst of a slump. Clearly, investors are looking beyond some near-term pain and toward a new wave of growth at some point in the future for this Arizona-based chipmaker.Microchip seems to be optimistic as well. It recently ...

Microchip Technology (MCHP) is strengthening its presence in the aviation industry with its latest integrated actuation power solution aimed at addressing the sector’s rising demand for efficiency, sustainability and decarbonization.With a focus on the emerging trend of More Electric Aircraft (MEA), Microchip’s latest solution combines companion gate driver boards with their adaptable Hybrid Power Drive (HPD) modules, which are available in both silicon carbide and silicon technology, spanning a power range ...

Microchip Technology (MCHP) recently increased its expertise in power-efficient, AI-enabled edge solutions with the acquisition of Neuronix AI Labs.MCHP aims to improve its offerings for field programmable gate arrays (FPGAs) by leveraging Neuronix’s neural network sparsity optimization technology, notably its mid-range PolarFire FPGAs and SOCs, renowned for their low-power consumption, reliability and security.The acquisition positions Microchip to build cost-effective, large-scale edge deployments tailore ...

CHANDLER, Ariz., April 15, 2024 (GLOBE NEWSWIRE) -- Microchip Technology (NASDAQ:MCHP) has acquired Neuronix AI Labs to expand its capabilities for power-efficient, AI-enabled edge solutions deployed on field programmable gate arrays (FPGAs). Neuronix AI Labs provides neural network sparsity optimization technology that enables a reduction in power, size and calculations for tasks such as image classification, object detection and semantic segmentation, while maintaining high accuracy. Microchip's mid-range ...

Microchip Technology (MCHP) is expanding its footprint in the automotive technology landscape with the acquisition of VSI Co. Ltd. The Seoul, Korea-based company is a well-known provider of high-speed, asymmetric camera, sensor, and display connectivity technologies for in-vehicle networking (IVN).The acquisition aligns with the growing market projections for automotive radar cameras and LiDAR modules, which are predicted to grow more than double in revenues by 2028 and reach $27 billion, according to Yole ...

CHANDLER, Ariz., April 11, 2024 (GLOBE NEWSWIRE) -- Microchip Technology Inc. (NASDAQ:MCHP) today announces the completed acquisition of Seoul, Korea-based VSI Co. Ltd., an industry pioneer in providing high-speed, asymmetric, camera, sensor and display connectivity technologies and products based on the Automotive SerDes Alliance (ASA) open standard for in-vehicle networking (IVN). The terms of the transaction are not disclosed.  The market size of automotive radar, camera and LiDAR modules is expected to ...

Microchip Technology (MCHP) is expanding its embedded systems portfolio with the recently announced launch of the AVR DU family of microcontrollers (MCUs). This latest addition brings forth a host of enhancements, most notably in USB connectivity, security features, and power delivery capabilities.USB connectivity has long been hailed for its versatility in embedded designs, offering compatibility across devices, efficient communication protocols, and power delivery functionalities. The AVR DU family takes ...

Microchip Technology (MCHP) recently announced an expanded partnership with the world’s leading semiconductor foundry, TSMC, to bolster its supply chain resilience.MCHP’s collaboration with TSMC involves the establishment of a specialized 40 nm manufacturing capacity at Japan Advanced Semiconductor Manufacturing (JASM), a subsidiary of TSMC based in Kumamoto Prefecture, Japan.The initiative aims to reduce potential disruptions in the supply chain as Microchip focuses on enhancing its internal manufacturing ...

CHANDLER, Ariz., April 09, 2024 (GLOBE NEWSWIRE) -- The well-known advantages of a Universal Serial Bus (USB) interface for embedded designs include its compatibility with various devices, streamlined communication protocol, in-field updatability and power delivery capabilities. To help easily incorporate this functionality into embedded systems, Microchip Technology (NASDAQ:MCHP) has launched the AVR® DU family of microcontrollers (MCUs). As the next generation of Microchip 8-bit MCUs to integrate USB conn ...