Microchip Technology Receives U.S. Export License to Expand Advanced FPGA Development in Armenia

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License supports the company’s growing footprint in Armenia as the region emerges as a hub for advanced semiconductor development YEREVAN, Armenia, June 04, 2026 (GLOBE NEWSWIRE) -- Microchip Technology’s (Nasdaq: MCHP) Armenian office has received approval from the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) for an export license authorizing the use of advanced technology under Export Control Classification Number (ECCN) 3E001 and related high‑performance hardware under ECCN 3A001.a.7.b. Such authorization requires companies to demonstrate rigorous compliance with U.S. export regulations, including clear definition of permitted end uses, controlled access to sensitive technology and robust internal compliance safeguards. The license enables Microchip to securely and responsibly develop advanced semiconductor technologies in Armenia within the global regulatory framework. “As the only multinational semiconductor company in Armenia to receive a site license from BIS, this approval highlights our commitment to high‑value semiconductor innovation through strong global operations and solidifies our support of the region’s rapidly growing technology ecosystem,” said Shakeel Peera, vice president of Microchip’s FPGA business unit. “The license enables our Armenia engineering team to participate in the development of advanced FPGA technologies while meeting the rigorous compliance standards required for controlled engineering work.” The designation related to ECCN 3E001 applies to certain controlled technology associated with advanced electronic and FPGA development. In practical terms, the authorization allows approved Armenia-based personnel to access and work with specified controlled technology for authorized research and development programs, subject to U.S. export-control regulations, Microchip’s internal compliance processes, technology-control procedures, training requirements and access restrictions. “This represents a crucial precedent and a significant step toward strengthening Armenia’s position within the global semiconductor supply chain. The approval of the export license reduces barriers, supporting broader participation for Armenia’s engineering talent in advanced chip design, full-complexity development and validation processes. It opens new opportunities for innovation and collaboration with partners such as Microchip A...

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