__timestamp | Microchip Technology Incorporated | STMicroelectronics N.V. |
---|---|---|
Wednesday, January 1, 2014 | 1128743000 | 2083000000 |
Thursday, January 1, 2015 | 1229564000 | 1990000000 |
Friday, January 1, 2016 | 1205464000 | 2242000000 |
Sunday, January 1, 2017 | 1757196000 | 3034000000 |
Monday, January 1, 2018 | 2420700000 | 3568000000 |
Tuesday, January 1, 2019 | 2931300000 | 3696000000 |
Wednesday, January 1, 2020 | 3242100000 | 3400000000 |
Friday, January 1, 2021 | 3378800000 | 5053000000 |
Saturday, January 1, 2022 | 4449600000 | 7331000000 |
Sunday, January 1, 2023 | 5697900000 | 8287000000 |
Monday, January 1, 2024 | 4995700000 |
In pursuit of knowledge
In the ever-evolving semiconductor industry, Microchip Technology Incorporated and STMicroelectronics N.V. have been pivotal players. Over the past decade, these companies have shown remarkable growth in their gross profits, reflecting their strategic prowess and market adaptability. From 2014 to 2023, Microchip Technology's gross profit surged by approximately 405%, peaking in 2023. Meanwhile, STMicroelectronics demonstrated an even more impressive growth of around 298% during the same period, with a notable peak in 2023 as well.
The year 2022 marked a significant milestone for both companies, with STMicroelectronics achieving a gross profit nearly 65% higher than Microchip Technology. However, 2024 data for STMicroelectronics remains elusive, leaving room for speculation on its future trajectory. This comparison not only highlights the competitive landscape but also underscores the dynamic nature of the semiconductor sector.
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