Breaking Down Revenue Trends: Microchip Technology Incorporated vs STMicroelectronics N.V.

Semiconductor Giants' Revenue Growth: A Decade in Review

__timestampMicrochip Technology IncorporatedSTMicroelectronics N.V.
Wednesday, January 1, 201419312170007404000000
Thursday, January 1, 201521470360006897000000
Friday, January 1, 201621733340006973000000
Sunday, January 1, 201734078070008347000000
Monday, January 1, 201839808000009664000000
Tuesday, January 1, 201953495000009556000000
Wednesday, January 1, 2020527420000010219000000
Friday, January 1, 2021543840000012761000000
Saturday, January 1, 2022682090000016128000000
Sunday, January 1, 2023843870000017286000000
Monday, January 1, 20247634400000
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Unveiling the hidden dimensions of data

Revenue Trends: A Tale of Two Semiconductor Giants

In the ever-evolving semiconductor industry, Microchip Technology Incorporated and STMicroelectronics N.V. have been pivotal players. Over the past decade, these companies have showcased distinct revenue trajectories. From 2014 to 2023, Microchip Technology's revenue surged by approximately 337%, peaking in 2023. Meanwhile, STMicroelectronics experienced a robust 133% growth, reaching its zenith in the same year.

Microchip Technology's revenue growth was particularly notable between 2018 and 2023, with a 112% increase, reflecting its strategic market expansions and innovations. On the other hand, STMicroelectronics demonstrated consistent growth, with a remarkable 70% rise from 2020 to 2023, underscoring its resilience and adaptability in a competitive landscape.

While 2024 data for STMicroelectronics remains elusive, the trends thus far highlight the dynamic nature of the semiconductor sector, where innovation and strategic foresight are key to sustained growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025