Microchip Technology Inc. vs BlackRock TCP Capital Corp — how do they compare? Microchip Technology Inc. trades at $75.55 (market cap $41.01B), while BlackRock TCP Capital Corp trades at $4.01 (market cap $337.71M). The key difference: Microchip Technology Inc. is far larger — about 121.4× BlackRock TCP Capital Corp's market cap, and BlackRock TCP Capital Corp pays the higher dividend (18.88%). Which is the better fit depends on your goals — on Pluang, investors hold Microchip Technology Inc. for 63 Days and BlackRock TCP Capital Corp for 88 Days on average.
| MCHP | TCPC | |
|---|---|---|
Market Cap | $41.01B | $337.71M |
Volume | 9,972,516 | 436,109 |
Sector | Technology | Financials |
52-Week High | $102.97 | $6.20 |
52-Week Low | $49.02 | $3.13 |
Typical Hold Time | 63 Days | 88 Days |
Enterprise Value | $46.13B | $1.09B |
Dividend Yield | 2.41% | 18.88% |
Signals from Pluang's Aura AI — not financial advice
MCHP trades at $75.52, down 3.2% over 24 hours, with technical indicators showing a bearish trend. The company reported a net loss of -$500K in 2025, though it has consistently beaten EPS estimates in recent quarters. Recent news highlights expansion in Ethernet and 48V power portfolios, including the acquisition of Hailo, targeting automotive and industrial demand. Analyst consensus is strongly bullish with a $110.50 price target, but high valuation ratios and significant debt pose risks.
The outlook is mixed: strong analyst support and strategic expansions in AI and data centers offer growth potential, but high P/E of 111.06 and net income margin pressure from 2025 raise concerns. Investors face upside from earnings beats and sector demand against valuation and cyclical semiconductor risks.
TCPC trades at $4.03, up 2.28% with a bullish technical signal. The company reported Q2 2026 earnings of $0.22 per share, beating expectations, and completed a $523 million portfolio sale to reduce leverage. Despite negative revenue trends, the stock trades at a discount to book value (P/B 0.61) and offers a dividend yield. Analyst consensus leans Hold with 69% of ratings neutral.
TCPC presents a mixed outlook: strategic portfolio sales improve liquidity, but declining revenue and negative margins pose fundamental challenges. The stock's discount to book value and dividend may attract value investors, though earnings volatility and ongoing strategic review introduce uncertainty. Key risks include execution of the strategic review and persistent negative profitability.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →BlackRock TCP Capital Corp is a finance company specializing in middle-market lending. It aims for high returns through income and capital appreciation while prioritizing principal protection. The company invests in debt securities and earns revenue from interest payments, fees, and some equity appreciation.
Read more on TCPC →