Microchip Technology Inc. vs Synopsys, Inc. — how do they compare? Microchip Technology Inc. trades at $82.3 (market cap $43.99B), while Synopsys, Inc. trades at $410 (market cap $78.68B). The key difference: Synopsys, Inc. is the larger of the two by market cap, and Microchip Technology Inc. pays a 2.25% dividend while Synopsys, Inc. pays none. Which is the better fit depends on your goals.
| MCHP | SNPS | |
|---|---|---|
Market Cap | $43.99B | $78.68B |
Sector | Technology | Technology |
52-Week High | $102.97 | $625.80 |
52-Week Low | $49.02 | $372.33 |
Enterprise Value | $49.12B | $87.04B |
Dividend Yield | 2.25% | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm's growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys' comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.
Read more on SNPS →