Everspin enters 10-year manufacturing deal with Microchip Technology

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Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity

April 8, 2026 4:10 PM EDT

Agreement with Microchip Technology supports scalable manufacturing and on-shore long-term supply chain resilience

CHANDLER, Ariz.--(BUSINESS WIRE)-- Everspin Technologies Inc., (NASDAQ: MRAM), the worlds leading developer and manufacturer of persistent Magnetoresistive Random Access Memory (MRAM) solutions, today announced its strategic manufacturing agreement with Microchip Technology to expand production capacity and strengthen long-term supply.

Everspin has entered into an initial 10-year agreement, that can be extended in 2-year increments, with Microchip Technology to augment its onshore manufacturing capacity for MRAM and Tunnel Magnetoresistive (TMR) sensor... More