Microchip Technology Inc
MCHP: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$29.00 | Nysc | Hkxgxmbbwt |
Microchip Technology Remains Best-In-Class in Microcontrollers; $165 Fair Value Estimate
Business Strategy and Outlook
Microchip Technology is a leading supplier of microcontrollers, or MCUs, which are semiconductors that act as the brains within a wide variety of common electronic devices, from garage door openers to hands-free soap dispensers to electric razors and all types of products in between. We view Microchip as one of the best-run firms within the chip space and remain fond of the firm’s ability to generate profitability and free cash flow under virtually any economic scenario.