Fabrinet vs Microchip Technology Inc. — how do they compare? Fabrinet trades at $468.18 (market cap $17.44B), while Microchip Technology Inc. trades at $83.23 (market cap $46.84B). The key difference: Microchip Technology Inc. is far larger — about 2.7× Fabrinet's market cap, and Microchip Technology Inc. pays a 2.11% dividend while Fabrinet pays none. Which is the better fit depends on your goals.
| FN | MCHP | |
|---|---|---|
Market Cap | $17.44B | $46.84B |
Sector | Technology | Technology |
52-Week High | $746.47 | $102.97 |
52-Week Low | $277.04 | $49.02 |
Enterprise Value | $16.50B | $52.13B |
Dividend Yield | — | 2.11% |
Signals from Pluang's Aura AI — not financial advice
Fabrinet (FN) trades at $474.19, down 1.78% on the day, with a bearish technical signal despite strong fundamental performance. The stock has consistently beaten earnings estimates in recent quarters, with Q1 2026 EPS of $3.72 exceeding expectations. Analyst consensus remains strongly bullish with a $733 price target, though technical indicators show selling pressure with support at $473 and resistance at $484.
FN presents a compelling growth story driven by AI infrastructure demand, with revenue projected to grow from $3.42B to $4.2B in 2026. However, premium valuation metrics (P/E 41.81, P/B 7.57) and technical bearishness create near-term headwinds. The risk-reward favors long-term investors given the company's strategic positioning in optical communications and debt-free balance sheet.
MCHP trades at $87.11, up 3.42% today, with a neutral technical signal and bullish moving averages. The stock has beaten EPS estimates for three consecutive quarters, though 2025 saw a net loss. Analyst consensus is strongly bullish with a $113.33 price target, supported by positive news on AI, industrial IoT, and aerospace demand.
The outlook is positive given strong analyst support and exposure to growth markets, but high valuation ratios and recent profitability pressures pose risks. Upside depends on continued earnings beats and sector recovery, while debt levels and margin volatility require monitoring.
Trailing returns across standard periods
Latest headlines on both assets
Fabrinet provides advanced optical and electromechanical manufacturing services to original equipment manufacturers. It specializes in complex products for telecom, automotive, and medical industries.
Read more on FN →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 →