Microchip Technology (MCHP) is a high growth company. Microchip's revenue has been growing at a CAGR of 18.93% over the past ten years. However, the company is highly indebted. Due to its indebtedness the company enjoys relatively lower valuation compared to its most similar peers. Long-term investors can buy the stock around the current price since the company is rapidly paying down its debt.
Microchip offers its customers general purpose and specialized 8-bit, 16-bit, and 32-bit microcontrollers, 32-bit microprocessors and field-programmable gate array (FPGA) products. The company also offers various power management, thermal