Everspin and microchip finalize their 10-year deal. The new setup copies current processes with slight upgrades, built into Microchip’s Oregon factory. Now, this avoids bottlenecks seen before and gives steady output for heavy-duty tech. Really, reliability matters more than speed when scaling memory systems.
A longer-term plan forms with two-year extension options locked in. Workflows shift smoothly across both Arizona and oregon plants. By combining existing lines with this new build, both companies gain room to grow without overextending resources. For now, focus stays on delivering consistent performance under real-world stress.
“Everspin is expanding its manufacturing footprint to support the next phase of MRAM adoption, as customers look for both long-term supply stability and higher-density, more capable solutions,” says Sanjeev Aggarwal, President and CEO. “Our partnership with Microchip adds the production scale to support demand while continuing to advance our MRAM roadmap.”
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Strengthening the Onshore Semiconductor Supply Chain
As part of the agreement, Everspin will incorporate its advanced magnetic fabrication techniques and innovative technologies in the Oregon facility of Microchip. Although Everspin will benefit from the fabrication services offered by Microchip to increase production capacity, Everspin retains full rights over its intellectual property and technological breakthroughs.
The new initiative takes advantage of Everspin’s strong financial position and solid technological collaborations to satisfy the escalating worldwide demand for memory.
“Microchip is pleased to collaborate with Everspin and provide foundry services from its large and expandable manufacturing capacity in our Oregon Fab,” said Michael Finley, Senior Vice President of Microchip’s Fab Operations.
Strategic Benefits for Global Customers
This collaboration provides Everspin and its clientele with several critical advantages in a volatile global market:
Scalable Wafer Capacity: Provides the high-volume throughput necessary to fuel Everspin’s long-term growth objectives.
Onshore Redundancy: Establishes a domestic second source for MRAM and TMR sensor products, mitigating geopolitical and logistical risks.
Long-Term Continuity: Guarantees a reliable supply of persistent memory solutions well into the 2030s.
ITAR Compliance: Offers International Traffic in Arms Regulations (ITAR) wafer processing capabilities for defense and government applications.
Accelerated R&D: Frees up resources for Everspin to advance its roadmap toward higher-density MRAM for next-generation use cases.
Seamless Integration and Timeline
Everspin will continue its current manufacturing operations at its Chandler facility, co-located with NXP. The company will utilize its twenty years of MRAM production experience as a benchmark to ensure the new Oregon line meets identical quality and performance standards. Process installation is underway, and Everspin expects to ship the first commercial products from the Microchip collaboration in the second half of 2027.
