Microchip Forecasts $1B Data-Center Portfolio by 2026 on Strong Growth
Microchip says data centers are now its fastest-growing end market, with its total data-center portfolio expected to reach about $1B in calendar 2026, up 69.3% from last year. Net sales rose 38% year over year to $1.485B, and management projects roughly 65% data-center growth in the coming year after a 97.8% surge in fiscal Q1.