Microchip Technology Receives Export License from U.S. Department of Commerce

Microchip Technology's Armenian office has received approval from the U.S. Department of Commerce's Bureau of Industry and Security, or BIS, for an export license authorizing the use of advanced technology and related high-performance hardware. Such authorization requires companies to demonstrate compliance with U.S. export regulations, including clear definition of permitted end uses, controlled access to sensitive technology and internal compliance safeguards. The license enables Microchip to securely and responsibly develop advanced semiconductor technologies in Armenia within the global regulatory framework. The authorization allows approved Armenia-based personnel to access and work with specified controlled technology for authorized research and development programs, subject to U.S. export-control regulations, Microchip's internal compliance processes, technology-control procedures, training requirements and access restrictions. "As the only multinational semiconductor company in Armenia to receive a site license from BIS, this approval highlights our commitment to high-value semiconductor innovation through strong global operations and solidifies our support of the region's rapidly growing technology ecosystem," said Shakeel Peera, vice president of Microchip's FPGA business unit. "The license enables our Armenia engineering team to participate in the development of advanced FPGA technologies while meeting the rigorous compliance standards required for controlled engineering work."