Steve Sanghi Net Worth is172.0 $Million
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Company Name: Microchip Technology
Company Logo: Image:Microchip logo.svg
Company Type: Public company, S&P 500
Traded As: MCHP
Foundation: 1989
Location: Chandler, Arizona, United States
Key People: Steve Sanghi, President & CEO, Ganesh Moorthy, Executive VP
Industry: Semiconductors
Products: Microcontrollers, Analog Devices
Num Employees: 6,970 (2011) title
Homepage: []
Microchip Technology is an American manufacturer of microcontroller, memory and analog semiconductors. Its products include microcontrollers (PICmicro, dsPIC / PIC24, PIC32), Serial EEPROM devices, Serial SRAM devices, KEELOQ devices, radio frequency (RF) devices, thermal, power and battery management analog devices, as well as linear, interface and mixed signal devices. Some of the interface devices include USB, ZigBee/MiWi, Controller Area Network, and Ethernet.
Corporate headquarters is located at Chandler, Arizona with wafer fabs in Tempe, Arizona and Gresham, Oregon.
Among its chief competitors are Analog Devices, Atmel, Freescale, Infineon, Maxim Integrated Products, NXP Semiconductors, Renesas Electronics, STMicroelectronics, and Texas Instruments.
The company was founded in 1987 when General Instrument spun off its microelectronics division as a wholly owned subsidiary. Microchip Technology became an independent company in 1989 when it was acquired by a group of venture capitalists, and went public in 1993.
In April 2009, Microchip Technology announced the nanoWatt XLP Microcontrollers (With Worlda??s Lowest Sleep Current). Microchip Technology had sold more than 6 billion microcontrollers as of 2009.
In April 2010, Microchip acquired Silicon Storage Technology (SST), and sold several SST flash memory assets to Greenliant Systems in May that year.
As of 2011, Microchip Technology ships over a billion processors every year. In September 2011, Microchip Technology shipped the 10 billionth PIC microcontroller.
In August 2012, Microchip acquired Standard Microsystems Corporation (SMSC).

Steve Sanghi Net Worth, 3.3 out of 5 based on 11 ratings

Steve Sanghi Latest News

STEM hero: Microchip's Steve Sanghi

The last time we checked, Microchip CEO Steve Sanghi did not wear a cape. He could not fly. And he did not make a habit of rushing into burning buildings to save puppies from a blaze. Yet, Sanghi was recently named a "hero." Indeed, he was inducted into ...
Posted: July 21, 2015, 5:00 pm

Analysts Set Microchip Technology Inc. (MCHP) PT at $60.21

In other news, CEO Steve Sanghi sold 60,129 shares of the stock in a transaction that occurred on Thursday, August 11th. The stock was sold at an average price of $60.58, for a total transaction of $3,642,614.82. The sale was disclosed in a document filed ...
Posted: October 17, 2016, 12:05 am

Concert Wealth Management Inc. Acquires New Position in Microchip Technology Inc. (MCHP)

Also, CEO Steve Sanghi sold 60,129 shares of Microchip Technology stock in a transaction dated Thursday, August 11th. The shares were sold at an average price of $60.58, for a total transaction of $3,642,614.82. The disclosure for this sale can be found here.
Posted: October 16, 2016, 11:45 am
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