Mythic Chooses Microchip's Hardware for Next-Gen Analog Processing Units
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2026
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Should l Buy MCHP?
Mythic has chosen memBrain neuromorphic hardware intellectual property from Microchip Technology's Silicon Storage Technology subsidiary for its next-generation edge to enterprise Analog Processing Units. Mythic will utilize SST's SuperFlash embedded non-volatile memory bitcells to deliver high levels of analog compute-in-memory performance per watt. The partnership enables Mythic to achieve 120 TOPS/watt inference processing for power-efficient AI acceleration at the edge and in the data center: Mythic's APUs are targeted to be up to 100 times more energy-efficient than conventional digital Graphics Processing Units.
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Analyst Views on MCHP
Wall Street analysts forecast MCHP stock price to rise
18 Analyst Rating
13 Buy
5 Hold
0 Sell
Moderate Buy
Current: 60.060
Low
60.00
Averages
77.47
High
95.00
Current: 60.060
Low
60.00
Averages
77.47
High
95.00
About MCHP
Microchip Technology Incorporated is a provider of smart, connected, and secure embedded control solutions. The Company’s semiconductor products segment designs, develops, manufactures and markets mixed-signal microcontrollers, development tools and analog, interface, mixed-signal, timing, wired and wireless connectivity devices, and memory products. The Company's technology licensing segment includes sales and licensing of the Company's intellectual property. Its products include PIC64 Microprocessors, FPGAs, myMicrochip, MPLAB X IDE, Analog, and Microcontrollers. Its development tools include Atmel START and MPLAB Discover. Its manufacturing operations include wafer fabrication, wafer probe, assembly, and test. The Company’s solutions serve customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. The Company markets and sells its products worldwide primarily through a network of direct sales personnel and distributors.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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