Microchip Technology (MCHP) vs United Microelectronics (NEW) (UMC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
United Microelectronics (NEW) (UMC) has outperformed Microchip Technology (MCHP) over the past year, gaining 202.3% versus a gain of 12.9%. Over five years, UMC leads with a +119.6% price change compared with +7.2% for MCHP. United Microelectronics (NEW) is the larger company by market cap ($57.23 billion vs $41.01 billion), about 1.4 times the size, while Microchip Technology is growing revenue faster (+7.1% vs -2.5%).
On valuation, Microchip Technology trades at a lower forward P/E (16.5x vs 26.0x for United Microelectronics (NEW)). United Microelectronics (NEW) offers the higher dividend yield (11.39% vs 2.41%). United Microelectronics (NEW) converts more of its revenue into profit, with a net margin of 21.0% versus 4.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MCHP | UMC |
|---|---|---|
| Share price | $75.52 | $22.82 |
| Market cap | $41.01B | $57.23B |
| 1-day change | -3.20% | -2.10% |
| YTD return | +18.52% | +190.33% |
| 1-year return | +12.85% | +202.25% |
| 5-year return | +7.20% | +119.63% |
| P/E ratio (TTM) | 111.06 | 21.53 |
| Forward P/E | 16.48 | 25.99 |
| EPS (TTM) | $0.68 | $1.06 |
| Dividend yield | 2.41% | 11.39% |
| Annual dividend | $1.82 | $2.60 |
| Revenue (latest FY) | $4.71B | $7.08B |
| Revenue growth (YoY) | +7.08% | -2.52% |
| Net income (latest FY) | $230.00M | $1.49B |
| Gross margin | 57.73% | 32.57% |
| Operating margin | 10.40% | 22.22% |
| Net margin | 4.88% | 21.00% |
| 52-week high | $105.91 | $28.96 |
| 52-week low | $48.52 | $6.97 |
| Distance from 52-week high | -28.69% | -21.20% |
| Analyst consensus | buy | underperform |
| Avg. price target upside | +42.80% | -41.28% |
| Average volume | 9.29M | 13.03M |
| Shares outstanding | 543.01M | 2.51B |
| Employees | 17,900 | 20,000 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- UMC has outperformed MCHP by 189.4 percentage points over the past year.
- Microchip Technology trades at a higher earnings multiple (111.1x vs 21.5x trailing P/E).
- United Microelectronics (NEW) offers a meaningfully higher dividend yield (11.39% vs 2.41%).
- United Microelectronics (NEW) is more profitable, keeping 21.0 cents of every revenue dollar as net income versus 4.9 cents for Microchip Technology.
- Microchip Technology grew revenue faster in its latest fiscal year (+7.08% vs -2.52%).
About Microchip Technology
MCHP stock →Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. It operates in two segments, Semiconductor Products and Technology Licensing.
Technology · Semiconductors · 17,900 employees
About United Microelectronics (NEW)
UMC stock →United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. It manufactures and sells integrated circuits.
Technology · Semiconductors · 20,000 employees
MCHP vs UMC FAQ
Which is bigger, Microchip Technology or United Microelectronics (NEW)?
United Microelectronics (NEW) (UMC) is larger, with a market capitalization of $57.23B compared with $41.01B for Microchip Technology (MCHP).
Which stock has performed better over the past year, MCHP or UMC?
UMC returned +202.25% over the past 12 months, compared with +12.85% for MCHP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MCHP or UMC?
UMC has the lower trailing P/E at 21.5, versus 111.1 for MCHP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Microchip Technology or United Microelectronics (NEW)?
United Microelectronics (NEW) has the higher yield at 11.39%, compared with 2.41% for Microchip Technology.
Are Microchip Technology and United Microelectronics (NEW) in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.