American Tower Corp vs Microchip Technology Inc. — how do they compare? American Tower Corp trades at $174 (market cap $79.41B), while Microchip Technology Inc. trades at $78.16 (market cap $43.99B). The key difference: American Tower Corp is the larger of the two by market cap, and American Tower Corp pays the higher dividend (4.1%). Which is the better fit depends on your goals.
| AMT | MCHP | |
|---|---|---|
Market Cap | $79.41B | $43.99B |
Sector | Real Estate | Technology |
52-Week High | $211.88 | $102.97 |
52-Week Low | $162.11 | $49.02 |
Enterprise Value | $122.94B | $49.12B |
Dividend Yield | 4.1% | 2.25% |
Trailing returns across standard periods
Latest headlines on both assets
American Tower owns and operates more than 220,000 cell towers throughout the U.S., Asia, Latin America, Europe, and Africa. It also owns and/or operates 25 data centers in eight U.S. markets after acquiring CoreSite. On its towers, the company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company operates more than 40,000 towers in the U.S., which accounted for more than half of its total revenue in 2021. Outside the U.S., American Tower's greatest presence is in India and Brazil, where it operates roughly 75,000 and 19,000 towers, respectively. American Tower operates as a real estate investment trust.
Read more on AMT →Microchip became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
Read more on MCHP →