Key Insights on Gross Profit: Microchip Technology Incorporated vs STMicroelectronics N.V.

Microchip vs. STMicro: A Decade of Growth in Semiconductors

__timestampMicrochip Technology IncorporatedSTMicroelectronics N.V.
Wednesday, January 1, 201411287430002083000000
Thursday, January 1, 201512295640001990000000
Friday, January 1, 201612054640002242000000
Sunday, January 1, 201717571960003034000000
Monday, January 1, 201824207000003568000000
Tuesday, January 1, 201929313000003696000000
Wednesday, January 1, 202032421000003400000000
Friday, January 1, 202133788000005053000000
Saturday, January 1, 202244496000007331000000
Sunday, January 1, 202356979000008287000000
Monday, January 1, 20244995700000
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In pursuit of knowledge

A Tale of Two Giants: Microchip Technology vs. STMicroelectronics

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025