Revenue Showdown: Micron Technology, Inc. vs Microchip Technology Incorporated

Micron vs. Microchip: A Decade of Revenue Rivalry

__timestampMicrochip Technology IncorporatedMicron Technology, Inc.
Wednesday, January 1, 2014193121700016358000000
Thursday, January 1, 2015214703600016192000000
Friday, January 1, 2016217333400012399000000
Sunday, January 1, 2017340780700020322000000
Monday, January 1, 2018398080000030391000000
Tuesday, January 1, 2019534950000023406000000
Wednesday, January 1, 2020527420000021435000000
Friday, January 1, 2021543840000027705000000
Saturday, January 1, 2022682090000030758000000
Sunday, January 1, 2023843870000015540000000
Monday, January 1, 2024763440000025111000000
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Unlocking the unknown

Revenue Showdown: Micron vs. Microchip

In the ever-evolving landscape of semiconductor giants, Micron Technology, Inc. and Microchip Technology Incorporated have been pivotal players. Over the past decade, Micron has consistently outperformed Microchip in terms of revenue, with Micron's earnings peaking at nearly double that of Microchip's in 2018. However, the tides shifted in 2023, with Microchip closing the gap, achieving a revenue of approximately 54% of Micron's. This trend highlights Microchip's aggressive growth strategy, as it increased its revenue by over 300% from 2014 to 2023. Meanwhile, Micron's revenue saw fluctuations, with a notable dip in 2023, reflecting the volatile nature of the tech industry. As we look to 2024, Micron appears to be regaining momentum, projecting a 62% increase from the previous year. This dynamic rivalry underscores the competitive spirit driving innovation in the semiconductor sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025