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Microchip's Data Center Solutions revenue grew 65% in 2026, reaching $500M, driven by strong product demand.

Market News
01 Jun 2026
GlobeNewsWire
View Source
Bullish
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Microchip Technology's Data Center Solutions Business Unit generated $302.7 million in revenue in 2025 and expects a 65% growth to approximately $500 million in 2026, reflecting strong demand for its specialized products like storage controllers and PCIe switches. This unit is part of a broader Data Center and Compute market that accounts for about 18% of Microchip's total revenue. The company is also implementing selective price increases due to rising input costs but expects no impact on its near-term financial guidance. Microchip will present further details at upcoming technology conferences in June 2026.

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