SG: Could you start by sharing some background on Microchip’s journey and where it stands today?
SS: Microchip Technology began as a modest division of General Instruments in the late 1980s, struggling financially and valued at around $10 million. After I joined in 1988, we raised $10.5 million in venture capital, and over the next three decades, we scaled Microchip to $8 billion revenue and a market valuation of $44 billion. We now operate globally, with large manufacturing fabs and a diverse portfolio, especially in microcontrollers and FPGAs, which serve defence, automotive, and consumer markets. Through cycles of technological and economic challenges, Microchip has maintained a steady growth trajectory.
SG: What global technology and business trends do you see shaping the semiconductor industry in the next five to seven years?
SS: Several trends are set to dominate. Artificial intelligence (AI) is seeing exponential growth, driven by companies like Nvidia. Beyond AI, there are six key trends: electric vehicles, autonomous driving, data centre expansion, 5G, Internet of Things (IoT), and sustainability. All these areas demand a range of semiconductor innovations, from high-performance GPUs to chiplets and 3D packaging. Technology and business trends drive each other, fuelling the semiconductor industry’s rapid expansion.
SG: How do you view the geopolitical landscape in semiconductors, especially with recent supply chain disruptions and self-reliance efforts by many countries post-Covid?
This story is from the December 2024 edition of Electronics For You.
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This story is from the December 2024 edition of Electronics For You.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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