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Microchip Unveils Latest Zero-Drift Operational Amplifier

Zacks Equity Research

Microchip Technology Inc. MCHP is now focusing on improving wireless capabilities, such as Wi-Fi, and Bluetooth-enabled applications to strengthen its position in producing zero-drift amplifiers. In sync with this initiative, the company recently introduced new MCP6V51 zero-drift operational amplifier to enhance the high-frequency noise in regular life and work environment.

The new amplifier is designed to provide broad operating range and on-chip electromagnetic interference (EMI) filters in order to facilitate accurate, stable data from a variety of sensors. Based on Microchip’s zero-drift architecture, the new amplifier is capable of detecting any distractions from the interference sources.

The new MCP6V51 amplifier offers an operating voltage range of 4.5V to 45V and is capable of an operating temperature range between -40 to +125 degrees Celsius. These features provide solution for driving High Voltage (“HV”) outputs, providing a maximum offset drift of ±15 microvolts (µV) and a maximum offset drift of  ±36 nanovolts per degree Celsius (nV/°C).

The latest product aids customers with ultra-high Direct Current (DC) precision and other technical support. We believe the new launch holds promise given the challenges from design and manufacturing standpoint.

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MCP6V51 devices are available in several package alternatives in volume production quantities. Devices in the MCP6V51 SOT-23-5 package are available starting at 98 cents in 10,000-unit quantities.

Microchip Technology Incorporated Price

 

Microchip Technology Incorporated Price | Microchip Technology Incorporated Quote

Bottom Line

Microcontrollers are poised to grow significantly due to their versatile application in various end markets, such as communications, industrial, automotive, computer and consumer. Microchip develops and manufactures microcontrollers, memory and analog and interface products for embedded control systems, which are small, low-power computers designed to perform specific tasks.

With this launch, the company is in the process of transforming itself into a purely microcontroller-based company, which it believes will improve cost structure and unlock value.

Further, we believe that newly launched product will continue to expand customer base.

Further, Microchip is now focusing on improving driving experience to strengthen its position in producing autonomous vehicle controllers. In sync with this, the company had launched the world's first-ever three-dimensional (3D) automotive-qualified MGC3140 controllers to enhance the in-car capability of the drivers.

The MGC3140 is supported by Microchip's new Electromagnetic Compatibility ("EMC") resistance and is a versatile companion chip to advance multi-touch performance. With such innovative and proprietary products, the company continues to capitalize on its business potential.

The company also completed the acquisition of Microsemi for $10.3 billion.  Microchip is well poised to capitalize on Microsemi's growth drivers. Apart from a robust portfolio, the buyout is expected to expand Microchip's total addressable markets. Strong demand for Microsemi's solutions in Data Center, Communications, Defense & Aerospace markets make us optimistic about Microchip's prospects in the near term.

Microchip continues to capitalize on enhancing its solution range and improving capacity constraints along with new design wins. This enables the company to gain a competitive edge in the semiconductor industry. The company also maintains a strong balance sheet, which is a notable positive.

Zacks Rank & Key Picks

Currently, Microchipcarries a Zacks Rank #3 (Hold).

Few better-ranked stocks in the broader technology sector are STMicroelectronics N.V. STM, Marvell Technology Group Ltd. MRVL and Twitter, Inc. TWTR, all flaunting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Long-term earnings growth rate for STMicroelectronics, Marvell and Twitter is currently pegged at 5%, 9.4% and 22.1%, respectively.

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