Microchip Technology launches Switchtec Gen 6 PCIe switches, optimizing data transfer for AI and HPC applications with advanced features.
Quiver AI Summary
Microchip Technology has launched its next-generation Switchtec Gen 6 PCIe switches, the first of their kind built using a 3 nm process, designed to meet the increasing demand for faster data movement and lower latency in artificial intelligence (AI) and high-performance computing (HPC) applications. These PCIe Gen 6 switches support up to 160 lanes and offer advanced security features, including a hardware root of trust and post-quantum safe cryptography. By doubling the bandwidth to 64 GT/s per lane, the Switchtec Gen 6 effectively reduces bottlenecks in data transfer among CPUs, GPUs, and AI accelerators, enabling higher throughput and lower latency essential for modern AI systems. The switches also incorporate several enhancements like a lightweight Forward Error Correction system and dynamic resource allocation for improved efficiency. They are available for sampling to qualified customers, supported by comprehensive diagnostic tools, and are designed to facilitate the evolution of data center architectures towards shared resource models.
Potential Positives
- Introduction of the Switchtec Gen 6 PCIe switches, the industry's first PCIe Gen 6 switches manufactured using a 3 nm process, indicates a significant technological advancement that sets Microchip apart in the AI and HPC market.
- Support for up to 160 lanes and advanced security features enhances the switches' capability for high-density AI system connectivity, appealing to data center architects and driving potential sales growth.
- Doubling the bandwidth compared to PCIe 5.0 to 64 GT/s per lane addresses previous bandwidth bottlenecks, promoting better utilization of AI resources and improving performance in high-performance computing applications.
- Comprehensive diagnostic and debug capabilities through ChipLink diagnostic tools provide added value to customers, facilitating design and deployment processes and enhancing customer satisfaction.
Potential Negatives
- Introducing a new product in a competitive field may highlight the company's vulnerability to rapid technological advancements and potential emerging competitors, which could affect market share.
- Dependence on post-quantum safe cryptography and advanced security features raises concerns about the complexities and potential vulnerabilities associated with implementing cutting-edge security standards.
- The statement regarding previous PCIe generations creating bandwidth bottlenecks could imply that the company previously lagged behind competitors, affecting customer trust in legacy products.
FAQ
What are the key features of Switchtec Gen 6 PCIe Switches?
The Switchtec Gen 6 PCIe Switches offer lower power consumption, advanced security, and support for up to 160 lanes.
How does PCIe 6.0 improve data transfer for AI applications?
PCIe 6.0 doubles the bandwidth to 64 GT/s per lane, enabling faster and more efficient data transfer for AI workloads.
What distinguishes Microchip's Switchtec Gen 6 from previous generations?
Switchtec Gen 6 is the first to use a 3 nm process and features Flow Control Unit mode for efficient data transfer.
How can developers utilize Microchip's ChipLink diagnostic tools?
ChipLink offers a graphical user interface for debugging, diagnostics, and monitoring during the design and deployment of Switchtec Gen 6.
Where can I learn more about Microchip's PCIe switch portfolio?
Visit Microchip's official website for detailed information on their full range of PCIe switches and related products.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MCHP Insider Trading Activity
$MCHP insiders have traded $MCHP stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $MCHP stock by insiders over the last 6 months:
- MATTHEW W CHAPMAN sold 10,000 shares for an estimated $682,550
- JAMES ERIC BJORNHOLT (SENIOR VP AND CFO) has made 0 purchases and 3 sales selling 9,371 shares for an estimated $617,892.
- KARLTON D JOHNSON sold 494 shares for an estimated $29,980
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MCHP Hedge Fund Activity
We have seen 553 institutional investors add shares of $MCHP stock to their portfolio, and 529 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL RESEARCH GLOBAL INVESTORS added 15,650,335 shares (+inf%) to their portfolio in Q2 2025, for an estimated $1,101,314,073
- VICTORY CAPITAL MANAGEMENT INC added 10,187,366 shares (+1690.1%) to their portfolio in Q2 2025, for an estimated $716,884,945
- AMUNDI removed 6,986,394 shares (-69.8%) from their portfolio in Q2 2025, for an estimated $491,632,545
- DODGE & COX added 5,740,827 shares (+958.4%) to their portfolio in Q2 2025, for an estimated $403,981,995
- BALYASNY ASSET MANAGEMENT L.P. removed 4,787,812 shares (-99.5%) from their portfolio in Q2 2025, for an estimated $336,918,330
- NUVEEN, LLC added 4,556,498 shares (+297.7%) to their portfolio in Q2 2025, for an estimated $320,640,764
- BOSTON PARTNERS added 4,076,112 shares (+38.0%) to their portfolio in Q2 2025, for an estimated $286,836,001
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$MCHP Analyst Ratings
Wall Street analysts have issued reports on $MCHP in the last several months. We have seen 10 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Raymond James issued a "Strong Buy" rating on 08/08/2025
- Piper Sandler issued a "Overweight" rating on 08/08/2025
- Susquehanna issued a "Positive" rating on 07/22/2025
- Stifel issued a "Buy" rating on 07/18/2025
- Mizuho issued a "Outperform" rating on 06/12/2025
- Evercore ISI Group issued a "Outperform" rating on 06/12/2025
- Citigroup issued a "Buy" rating on 06/09/2025
To track analyst ratings and price targets for $MCHP, check out Quiver Quantitative's $MCHP forecast page.
$MCHP Price Targets
Multiple analysts have issued price targets for $MCHP recently. We have seen 17 analysts offer price targets for $MCHP in the last 6 months, with a median target of $80.0.
Here are some recent targets:
- Joe Quatrochi from Wells Fargo set a target price of $60.0 on 09/15/2025
- Melissa Fairbanks from Raymond James set a target price of $75.0 on 08/08/2025
- Harsh Kumar from Piper Sandler set a target price of $80.0 on 08/08/2025
- N. Quinn Bolton from Needham set a target price of $77.0 on 08/08/2025
- Christopher Rolland from Susquehanna set a target price of $90.0 on 07/22/2025
- Tore Svanberg from Stifel set a target price of $82.0 on 07/18/2025
- James Schneider from Goldman Sachs set a target price of $88.0 on 07/10/2025
Full Release
CHANDLER, Ariz., Oct. 13, 2025 (GLOBE NEWSWIRE) -- As artificial intelligence (AI) workloads and high-performance computing (HPC) applications continue to drive unprecedented demand for faster data movement and lower latency, Microchip Technology (Nasdaq: MCHP) has introduced its next generation of Switchtec™ Gen 6 PCIe ® Switches . The industry’s first PCIe Gen 6 switches manufactured using a 3 nm process, the Switchtec Gen 6 family is designed to deliver lower power consumption and support up to 160 lanes for high-density AI system connectivity. Advanced security features include a hardware root of trust and secure boot, utilizing post-quantum safe cryptography compliant with the Commercial National Security Algorithm Suite (CNSA) 2.0.
Previous PCIe generations created bandwidth bottlenecks as data transferred between CPUs, GPUs, memory and storage, leading to underutilization and wasted compute cycles. PCIe 6.0 doubles the bandwidth of PCIe 5.0 to 64 GT/s (giga transfers per second) per lane, providing the necessary data pipeline to keep the most powerful AI accelerators consistently supplied. Switchtec Gen 6 PCIe switches enable high-speed connectivity between CPUs, GPUs, SoCs, AI accelerators and storage devices, and are designed to help data center architects scale to the potential of next generation AI and cloud infrastructure.
“Rapid innovation in the AI era is prompting data center architectures to move away from traditional designs and shift to a model where components are organized as a pool of shared resources,” said Brian McCarson, corporate vice president of Microchip’s data center solutions business unit. “By expanding our proven Switchtec product line to PCIe 6.0, we’re enabling this transformation with technology that facilitates direct communication between critical compute resources and delivers the most powerful and energy efficient switch we've ever produced.”
By acting as a high-performance interconnect, the switches allow for simpler, more direct interfaces between GPUs in a server rack, which is crucial for reducing signal loss and maintaining the low latency required by AI fabrics. The PCIe 6.0 standard also introduces Flow Control Unit (FLIT) mode, a lightweight Forward Error Correction (FEC) system and dynamic resource allocation. These changes make data transfer more efficient and reliable, especially for small packets which are common in AI workloads. These updates lead to higher overall throughput and lower effective latency.
Switchtec Gen 6 PCIe switches feature 20 ports and 10 stacks with each port featuring hot- and surprise-plug controllers. Switchtec also supports NTB (Non-Transparent Bridging) to connect and isolate multiple host domains and multicast for one-to-many data distribution within a single domain. The switches are designed with advanced error containment and comprehensive diagnostics and debug capabilities, a wide breadth of I/O interfaces and an integrated MIPS processor with bifurcation options at x8 and x16. Input and output reference clocks are based on PCIe stacks with four input clocks per stack. Visit the website to learn more about Microchip’s full portfolio of PCIe switches .
Development Tools
The Switchtec Gen 6 PCIe Switch family is supported by Microchip’s ChipLink diagnostic tools, offering comprehensive debug, diagnostics, configuration and analysis through an intuitive graphical user interface (GUI). ChipLink connects via in-band PCIe or sideband signals such as UART, TWI and EJTAG, enabling flexible, efficient monitoring and troubleshooting throughout design and deployment. The switches are also supported by the PM61160-KIT Switchtec Gen 6 PCIe Switch Evaluation Kit with multiple interfaces.
Pricing and Availability
Switchtec Gen 6 PCIe switches are available for sampling to qualified customers. Contact a Microchip
sales representative or authorized worldwide distributor
for more information.
Resources
High-res images available through Flickr or editorial contact (feel free to publish):
- Wafer image with Steve Sanghi: https://www.flickr.com/photos/microchiptechnology/54823036233/sizes/o/
- Application image: https://www.flickr.com/photos/microchiptechnology/54823014569/sizes/o/
- Sell sheet: https://ww1.microchip.com/downloads/aemDocuments/documents/DCS/ProductDocuments/Brochures/Switchtec-PFX-PSX-Gen-6-Sell-Sheet-DS00006173.pdf
About Microchip Technology
:
Microchip Technology Inc. is committed to making innovative design easier through total system solutions that address critical challenges at the intersection of emerging technologies and durable end markets. Its easy-to-use development tools and comprehensive product portfolio support customers throughout the design process, from concept to completion. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support and delivers solutions across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. For more information, visit the Microchip website at
www.microchip.com
.
Note: The Microchip name and logo and the Microchip logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. Switchtec is a trademark of Microchip Technology Inc. in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.
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