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CHANDLER, Ariz. - Microchip Technology (NASDAQ:MCHP), a $22.5 billion market cap semiconductor company currently trading at $41.93, announced the launch of its new power module, the MCPF1412, aimed at enhancing power management for industrial automation and data center applications. The module is designed to provide efficient power conversion, reduce energy loss, and offer a compact solution that significantly lowers the required board space. According to InvestingPro data, the company maintains strong financial health with a current ratio of 2.25, indicating robust operational efficiency.
The MCPF1412 is a 12A point-of-load power module featuring a 16V VIN buck converter and supports both I2C and PMBus® interfaces. Its small form factor, measuring 5.8 mm x 4.9 mm x 1.6 mm, is said to reduce board space usage by over 40% compared to traditional discrete solutions. This space-saving design, combined with improved reliability and minimized PCB switching and RF noise, positions the MCPF1412 as a competitive product in the market. InvestingPro analysis suggests the company is currently fairly valued, with analysts maintaining a bullish consensus and setting price targets ranging from $35 to $75.
Rudy Jaramillo, vice president of Microchip’s analog power interface division, highlighted the module’s compatibility with the company’s FPGAs and PCIe® solutions, providing an integrated solution for customers. He emphasized the space efficiency achieved when the MCPF1412 is used with other Microchip devices.
The MCPF1412M06 model stands out for its flexibility in configuration and system monitoring through its digital interfaces. It also supports standalone operation, allowing for simple output voltage adjustments and system monitoring via the Power Good output. The module includes multiple diagnostic functions for over-temperature, over-current, and over-voltage protection, enhancing performance and reliability. With an operating temperature range of -40°C to +125°C, the MCPF1412 is equipped to handle a variety of environmental conditions.
An embedded EEPROM on the module enables programming of the default power-up configuration. Microchip also offers a range of DC-DC power modules with input voltages from 5.5-70V, packaged to support high power density applications.
Developers can utilize the EV37R94A Evaluation Board and GUI to evaluate their designs with the MCPF1412. Priced at $5.10 each for 10,000-unit quantities, the module is now available for purchase through Microchip sales representatives or authorized worldwide distributors.
This announcement is based on a press release statement from Microchip Technology Inc. For more information, customers can visit the company’s website or contact a sales representative. The company has demonstrated strong shareholder commitment with a 4.34% dividend yield and has maintained dividend payments for 24 consecutive years. Investors seeking detailed analysis can access comprehensive research reports and 15+ additional ProTips through InvestingPro’s extensive coverage of MCHP.
In other recent news, Microchip Technology has announced the launch of its new PIC16F17576 microcontroller family, designed for efficient analog signal capture in power-sensitive applications. These microcontrollers feature low-power peripherals and operational amplifiers, making them suitable for various industries, including smart home automation and environmental monitoring. Additionally, Microchip Technology has priced a significant $1.35 billion public offering of depositary shares, each representing a 1/20th interest in 7.50% Series A Mandatory Convertible Preferred Stock. The offering is expected to generate approximately $1.32 billion in net proceeds, which will be used for capped call transactions and debt repayment.
Stifel analysts recently adjusted their outlook on Microchip Technology, reducing the price target from $80.00 to $60.00 while maintaining a Buy rating. This change reflects an extensive inventory correction and economic uncertainties. In related developments, Microchip Technology has issued 27 million depositary shares as part of its convertible preferred stock offering, with underwriters exercising an option to purchase an additional 2.7 million shares. The company has also introduced the BR235 and BR235D series power relays, designed to meet stringent aerospace and defense standards, ensuring reliability in extreme conditions. These relays are now available for order, reinforcing Microchip’s commitment to supporting the aerospace sector.
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