Armenia’s Minister of High-Tech Industry and Artificial Intelligence Davit Tadevosyan received representatives of Microchip Technology, led by Shakeel Peera, Corporate Vice President of the corporation's FPGA business unit.
The Ministry said in a readout that the meeting focused on a number of issues related to the development and expansion of the company’s operations in Armenia.
The sides also discussed the company’s activities in Gyumri, Vanadzor and Ijevan, emphasizing the importance of Microchip Technology’s presence in developing the high-tech sector in the regions, attracting professional talent and strengthening local technology ecosystems.
The sides also discussed the approval of an export license obtained by the company in June 2026 from the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) for its operations in Armenia, as well as its potential impact on the company’s future activities, investment programs and development opportunities.
The meeting also addressed measures needed to ensure the necessary conditions for importing Microchip products into Armenia. In this context, the sides discussed ongoing talks between the Ministry and representatives of international semiconductor companies and the U.S. government on developing a categorized list of products.
The sides agreed to continue working to implement further steps in the areas discussed and expand cooperation.
Microchip Technology Inc. is an American semiconductor company that develops and manufactures microprocessors, FPGAs, analog and power-management solutions, as well as communications, memory and other embedded-system components. The company’s technologies are used in industry, automotive, aerospace and defense systems, communications, computing and other sectors.
