Microchip Technology Inc
MCHP: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$81.00 | Vfbg | Gdynwmlr |
Microchip Company Report: Microchip Is Poised to Benefit From Chip Content Gains; $83 FVE
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 electric toothbrushes to home appliances 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 free cash flow under virtually any economic scenario.