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 (50.0 vs 86.5); year to date, ON Semiconductor leads (+52.4% vs +22.4%).
Side by side
| MCHP | ON | |
|---|---|---|
| Market cap | $41.4B | $31.5B |
| Price | $75.52 | $79.41 |
| Today | −3.2% | −3.8% |
| Return YTD | +22.4% | +52.4% |
| Return 1Y | +20.1% | +71.3% |
| Since June 26, 2026 | −14.1% | −12.4% |
| P/E | 86.5 | 50.0 |
| P/S | 8.1 | 5.1 |
| P/B | 6.4 | 4.4 |
Data as of 2026-10-08 · updates daily after U.S. close
Since June 26, 2026: the change in the closing price, from the daily closes Sectivia records itself since that date.
The two companies
Microchip TechnologyMCHP
The microcontroller is the anchor product; analog and FPGA parts fill out the range for embedded designs in industry and cars.
Full MCHP profile →ON SemiconductorON
Electric cars and factory automation are the end markets for its silicon carbide power semiconductors and image sensors.
Full ON profile →More MCHP & ON comparisons
Other head-to-heads in the Chips & accelerators segment.