Microchip (MCHP) Offering Possible 25.31% Return Over the Next 16 Calendar Days

Microchip's most recent trend suggests a bullish bias. One trading opportunity on Microchip is a Bull Put Spread using a strike $108.00 short put and a strike $103.00 long put offers a potential 25.31% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $108.00 by expiration. The full premium credit of $1.01 would be kept by the premium seller. The risk of $3.99 would be incurred if the stock dropped below the $103.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Microchip is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Microchip is bullish.

The RSI indicator is at 68.06 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Microchip

The Industry’s Only Low-Inductance Silicon Carbide (SiC) Power Module and Programmable Gate Driver Kit is Now Available for Inverter Designers
Mon, 31 Aug 2020 12:05:00 +0000
Microchip’s AgileSwitch® digital programmable gate driver and SP6LI SiC power module kit solution enables developers to proceed quickly from benchtop to productionCHANDLER, Ariz., Aug. 31, 2020 (GLOBE NEWSWIRE) — The transformation to electrify transportation – from trains, trams, and trolleys to buses, automobiles and EV chargers – continues at a rapid pace, as countries shift toward improved modes of transit with greater efficiency and innovative technology. Microchip Technology Inc. (Nasdaq: MCHP) today announced its AgileSwitch® digital programmable gate driver and SP6LI SiC power module kit, a unified system solution to help designers quickly and effectively adopt disruptive Silicon Carbide (SiC) power devices – reducing time to market and ensuring confidence in field deployment. Microchip’s AgileSwitch digital programmable gate driver and SP6LI SiC power module kit speeds development from evaluation through production, eliminating the need to procure power modules and gate drivers separately – including gate drivers that are qualified for end-product production. With Microchip’s AgileSwitch gate drivers and proven, high-performance SiC power modules, developers can avoid qualifying power modules and spending time to develop their own gate drivers, which can save months in development schedules. “We listened to developers in providing total system solutions for our microcontrollers and analog products,” said Leon Gross, vice president of Microchip’s Discrete Product Group business unit. “Now as SiC power modules increasingly enable the technologies transforming transportation and other industries, this complete product kit allows developers to focus on innovation and significantly reduce time to market.” Microchip’s flexible portfolio of 700, 1200 and 1700V SiC Schottky Barrier Diode (SBD)-based power modules utilizes its newest generation of SiC die. In addition, its dsPIC® Digital Signal Controllers deliver performance, low power consumption and flexible peripherals. Microchip’s AgileSwitch family of digital programmable gate drivers further accelerates the process of moving from the design stage to production. Microchip’s combination of SiC power module and software-configurable gate driver features Augmented Switching™ technology that enables designers to influence dynamic issues including voltage overshoot, switching losses and electromagnetic interference. Using a Windows®-based computer interface, this “configure-at-a-click” method may be used throughout the design process, from expediting early evaluation to simplifying final optimization using a computer mouse instead of a soldering iron. Microchip’s AgileSwitch digital programmable gate driver and SP6LI SiC power module kit provides design engineers with a central point of contact for support, and ensures that the die, power package and gate driver are designed specifically for each other – eliminating potential development delays.Development Tools The kit includes the AgileSwitch Intelligent Configuration Tool that optimizes gate turn-on and turn-off, short circuit response and module efficiency while reducing voltage overshoot, ringing and electromagnetic interference.Pricing and Availability Microchip’s AgileSwitch digital programmable gate driver and SP6LI SiC power module kit solution is available for volume production and limited sampling. Family pricing on Microchip’s ASDAK-MSCSM70AM025CT6LIAG-01 AgileSwitch digital programmable gate driver and 1200V, 495A, Single Phase Leg SP6LI SiC power module kits starts at $999.95.For additional information, contact a Microchip sales representative, authorized worldwide distributor, or visit Microchip’s website. To purchase products mentioned here, click to order nowResources High-res image available through Flickr or editorial contact (feel free to publish): * Application image: https://www.flickr.com/photos/microchiptechnology/50275558733/ * Product image: https://www.flickr.com/photos/microchiptechnology/50276237536/About Microchip Technology Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company’s solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.Note: The Microchip name and logo, the Microchip logo, AgileSwitch, dsPIC and Augmented Switching are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies. Editorial Contact:Reader Inquiries: Cathy Gedvilas1-888-624-7435 480-792-4386  Cathy.Gedvilas@microchip.com

Microchip Introduces Its Highest-Density EEPROM with 4 Mbit Serial EEPROM Debut
Tue, 25 Aug 2020 12:05:00 +0000
New 4 Mbit EEPROM memory device provides designers with flexibility and proven reliability CHANDLER, Ariz., Aug. 25, 2020 (GLOBE NEWSWIRE) — Portable consumer and medical devices including fitness trackers, hearing aids and glucose monitors as well as industrial, automotive and other systems often use customer-specific data sets to optimize the consumer experience. These nonvolatile data sets – including calibration constants, background conditions, user preferences and changing noise environments – often are adjusted by the end system or user a few bytes at a time. Serial Electrically Erasable Programmable Read-Only Memory (EEPROM) is the memory of choice for these applications providing nonvolatility, byte-level control, ease-of-use and low-power consumption. Microchip Technology Inc. (Nasdaq: MCHP) today announced its new, highest-density EEPROM – the 25CSM04. At 4 Mbit, Microchip’s new EEPROM becomes the largest EEPROM available to developers, doubling the 2 Mbit density designers previously were limited to. Until now developers have used lower-cost NOR Flash integrated circuits (ICs) for any 2 Mbit+ nonvolatile data set application. Because EEPROM offers performance advantages over NOR Flash, Microchip has responded to customer requests by introducing a larger 4 Mbit EEPROM. EEPROM advantages include a lower standby current (2 µA vs. 15 µA); the ability to perform single-byte, multi-byte, and full-page writes; shorter sector erase/rewrite times (5ms vs.300ms); and more erase/rewrite cycles (1M vs 100K).“Pushing the top end of what is possible with serial EEPROM supports product innovation,” said Randy Drwinga, vice president of Microchip’s memory products division. “Designers can now reevaluate their systems and leverage this new technology to optimize design performance.”The 25CSM04 becomes part of Microchip’s extensive nonvolatile memory product portfolio that integrates within Microchip’s total system solutions built around its 8-bit, 16-bit, and 32-bit microcontrollers and microprocessors. Microchip’s extensive memory product family includes serial EEPROMs, NOR Flash, SRAM, and EERAM in all standard serial buses and all standard densities from 128-bit to 64 Mbit. As a technology innovator in serial EEPROM for more than 30 years, Microchip delivers approximately one billion EEPROM devices annually.Development Tools Microchip’s 4 Mbit serial EEPROM devices are supported by the MPLAB® Starter Kit for Serial Memory Products. The kit includes a serial memory interface board, serial EEPROM starter pack, USB cable, CD containing the MPLAB X Integrated Development Environment (IDE), Total Endurance™ software model and a serial EEPROM interface tool.Pricing and Availability The 25CSM04 family of memory devices is available in three package options starting at $2.32 in 10,000-unit quantities. For additional information, contact a Microchip sales representative, authorized worldwide distributor or visit Microchip’s website. To purchase products mentioned here visit our purchasing portal or contact a Microchip authorized distributor.Resources High-res images available through Flickr or editorial contact (feel free to publish): * Application image: https://www.flickr.com/photos/microchiptechnology/50252022133/ * Product image: https://www.flickr.com/photos/microchiptechnology/50252691076/About Microchip Technology Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company’s solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.Note: The Microchip name and logo, the Microchip logo and MPLAB are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. Total Endurance is a trademark of Microchip Technology Inc. in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies. Editorial Contact:Reader Inquiries: Cathy Gedvilas1-888-624-7435 (480) 792 – 4386  cathy.gedvilas@microchip.com

Microchip Technology to Present at the BMO Capital Markets Virtual Technology Summit
Mon, 24 Aug 2020 20:15:00 +0000
CHANDLER, Ariz., Aug. 24, 2020 (GLOBE NEWSWIRE) — Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the BMO Capital Markets Virtual Technology Summit on Wednesday, August 26, 2020, at 4:00 p.m. (Eastern Time).  Presenting for the Company will be Mr. Steve Sanghi, Chief Executive Officer, and Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer.  A live webcast of the presentation will be made available by BMO, and can be accessed on the Microchip website at www.microchip.com. Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company's Securities and Exchange Commission filings.  Copies of SEC filings can be obtained for free at the SEC's website (www.sec.gov) or from commercial document retrieval services.Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions.  Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market.  The company's solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets.  Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality.  For more information, visit the Microchip website at www.microchip.com.Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries.INVESTOR RELATIONS CONTACT:Deborah Wussler ……… (480) 792-7373

Barron’s Stock Pick: This Chip Company’s Makeover Has Only Just Begun
Mon, 24 Aug 2020 12:50:00 +0000
Synaptics CEO Michael Hurlston has reorganized and rightsized the company in his first year on the job. Wall Street is starting to notice.

Microchip Announces High-Speed CoaXPress® 2.0 Devices that Speed Machine Vision Image Capture While Simplifying System Design and Deployment
Tue, 18 Aug 2020 12:05:00 +0000
Builds on company’s work with industry standards bodies and lead customers who are using the devices to create capture cards and cameras supporting the new specifications CHANDLER, Ariz., Aug. 18, 2020 (GLOBE NEWSWIRE) — Until the 12.5Gbps CoaXPress® 2.0 interface standard was ratified last year, machine-vision image-capture solutions had replaced conveyor belts as the primary roadblock to achieving faster production-line throughput. Now, Microchip Technology Inc. (Nasdaq: MCHP) has taken the next step toward realizing the full potential of CoaXPress (CXP) on the factory floor with the first single-chip physical-layer interface devices to include features that streamline machine vision system design, maximize transmission speed and simplify deployment in high-volume bottling operations, food inspection, industrial inspection and imaging applications. “We have worked with the Japan Industrial Imaging Association (JIIA) standards organization and our lead customers to optimize our offering in conjunction with CXP so it fully exploits the specification’s benefits on the factory floor,” said Matthias Kaestner, vice president, Automotive Infotainment Systems business unit. “Our low-latency, low-power transmission solutions integrate an equalizer, cable driver and clock data recovery into a single chip that enables camera and capture card manufacturers to deliver high-speed, high-resolution video and control signaling along with power over a single coax cable.” Microchip’s EQCO125X40 family of CoaXPress devices is the first to implement the CXP 2.0 standard, starting from a new backward compatible design based on the specification, with an integrated clock data recovery (CDR) at all speed levels and a camera-side clock to support the demands of real-world environments. The devices significantly increase machine-vision processing throughput by enabling cameras and capture cards to transmit four to eight times faster than alternative solutions. In addition, these devices enable four times the cable/link distance with much lower power and near-zero latency. The product family also increases design tolerances and flexibility by seamlessly locking on all frequencies at any speed, from CXP-1 to CXP-12, and eliminates the need for multiple channels by supporting 12.5Gbps of bandwidth over a single cable. Broader cabling options ensure systems can be installed where needed and the integrated CDR improves jitter performance for the signal sent from the camera to the capture card. The on-camera low-frequency clock recovery eliminates the need to program a separate clock in the FPGA. The integrated link signal integrity testing enables the system to perform real-time checks of cable link integrity before and during operations. For card makers, Microchip’s new offering makes it easier and less expensive to develop more robust products that customers can deploy wherever they need them on the production line. The products enable pre-setup and real-time cable link quality tests to be performed, giving users more robust and comprehensive solutions to their challenges. They also have the option to scale up to 50 Gbps over multiple cables. “Microchip’s new CXP-12 family provides our latest products with a compact and low component count single-chip equalizer solution which can therefore easily meet the CoaXPress return loss specification,” said Chris Beynon, CTO with Active Silicon.  “The devices also have an elegant feature to allow real-time cable margin testing to detect aging or worn cables before any bit errors would be seen in normal operation.” Microchip’s CXP devices enable manufacturers to get the same throughput from two ports on cameras and frame grabbers as they previously could with four. The devices can be used to retrieve a real-time low-frequency clock at the camera side, which provides more accurate signal timing. The manufacturers can also use it as a cable repeater, further extending the distances over which the cameras can be linked. Their low power consumption makes them ideal for bringing to market smaller, better-performing image-capture solutions that increase customer value yet are simpler and less costly to design. “With Microchip’s CXP devices, we support our market needs for a doubling in data throughput while keeping the same system costs,” said Andre Jacobs, director of marketing and sales with Adimec. “JIIA is excited to see that Microchip is bringing low-power, high-performance CoaXPress 2.0 solutions to market that fully comply to the recently released CoaXPress 2.0 specification,” said Sachio Kiura, Chairman of the Japan Industrial Imaging Association. In addition to providing key capabilities that Microchip believes will help to accelerate the adoption of better-performing, lower-cost machine-vision solutions in industrial inspection applications, the company expects that its CoaXPress 2.0 family will have an equally transformational effect on applications including traffic monitoring, surveillance and security, medical inspection systems and embedded vision solutions.  The family is part of an extensive product portfolio spanning the requirements for creating total system solutions, including Microchip’s 12Gbps PolarFire® field programmable gate arrays (FPGAs) that seamlessly support the CoaXPress protocol with minimal developer effort while enabling a low-power, low-latency and small-footprint solution.Development Tools Evaluation boards are available for the Microchip’s CoaXPress 2.0 family (transmitter, receiver and repeater) as a development aid for customers.Availability The Microchip CoaXPress 2.0 family includes a transmitter-only camera-side device and three single-chip transceiver options. Each is packaged in a 16-pin quad-flat no-leads package and is fully backward-compatible with Microchip’s CoaXPress 1.1 family of devices. For additional information including pricing contact a Microchip sales representative or authorized worldwide distributor, or view Microchip’s CoaXPress 2.0 product portfolio. To purchase products mentioned here visit Microchip’s purchasing portal.Resources High-res images available through Flickr or editorial contact (feel free to publish): Application image: https://www.flickr.com/photos/microchiptechnology/50226719872/Block diagram: https://www.flickr.com/photos/microchiptechnology/50225861748/in/dateposted/About Microchip Technology Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs which reduce risk while lowering total system cost and time to market. The company’s solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.Note: The Microchip name and logo, the Microchip logo and PolarFire are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies. Editorial Contact:Reader Inquiries: Cathy Gedvilas1-888-624-7435 480-792-4386  Cathy.gedvilas@microchip.com

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