Microchip Technologyvs.ON Semiconductor
MCHP vs ON · both in Chips & accelerators, part of the AI & digital infrastructure value chain: Designs and builds the processors, accelerators and memory that train and run AI.
Microchip Technology is about 1.3× larger than ON Semiconductor by market cap; ON Semiconductor trades at the lower P/E (65.6 vs 209.2); year to date, ON Semiconductor leads (+77.2% vs +39.0%).
Side by side
| MCHP | ON | |
|---|---|---|
| Market cap | $48.1B | $37.6B |
| Price | $88.59 | $95.96 |
| Today | +0.4% | −2.0% |
| Return YTD | +39.0% | +77.2% |
| Return 1Y | +18.0% | +61.2% |
| P/E | 209.2 | 65.6 |
| P/S | 10.2 | 6.2 |
| P/B | 7.5 | 5.2 |
Data as of 2026-07-11 · updates daily after U.S. close
The two companies
Microchip TechnologyMCHP
Microcontrollers, analog and FPGA chips for embedded systems in industrial and automotive.
Full MCHP profile →ON SemiconductorON
Power and sensor semiconductors for EVs, renewable energy and industrial automation.
Full ON profile →More comparisons in Chips & accelerators
See where MCHP and ON sit in the full AI & digital infrastructure map — every segment from suppliers to end markets.Open the AI value chain →