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Stock impact report

Microchip Teams Up with Intelligent Hardware Korea (IHWK) to Develop an Analog Compute Platform to Accelerate Edge AI/ML Inferencing

Microchip Technology Incorporated (MCHP) 
Last microchip technology incorporated earnings: 2/4 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: microchip.com/investors
Company Research Source: GlobeNewswire
CHANDLER, Ariz., Sept. 13, 2023 (GLOBE NEWSWIRE) -- To address the rapid rise of Artificial Intelligence (AI) computing at the edge of the network and its associated inferencing algorithms, Intelligent Hardware Korea (IHWK) is developing a neuromorphic computing platform for neurotechnology devices and field programmable neuromorphic devices. Microchip Technology (Nasdaq: MCHP), via its Silicon Storage Technology (SST) subsidiary, is assisting with development of this platform by providing an evaluation system for its SuperFlash® memBrain™ neuromorphic memory solution. The solution is based on Microchip’s industry-proven nonvolatile memory (NVM) SuperFlash technology and is optimized to perform vector matrix multiplication (VMM) for neural networks through an analog in-memory compute approach. The memBrain technology evaluation kit is designed to enable IHWK to demonstrate the absolute power efficiency of its neuromorphic computing platform for running inferencing algorithms at Show less Read more
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