{"id":949979,"date":"2026-04-08T16:13:15","date_gmt":"2026-04-08T20:13:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\/"},"modified":"2026-04-08T16:13:15","modified_gmt":"2026-04-08T20:13:15","slug":"everspin-technologies-expands-on-shore-mram-manufacturing-capacity","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\/","title":{"rendered":"Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity<\/b><\/p>\n<p class=\"bwalignc\"><i>Agreement with Microchip Technology supports scalable manufacturing and on-shore long-term supply chain resilience<\/i><\/p>\n<p>CHANDLER, Ariz.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEverspin Technologies Inc., (NASDAQ: MRAM), the world\u2019s 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.<\/p>\n<p>\nEverspin 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 products. The company will establish a copy exact (plus) MRAM line to manufacture MRAM and TMR sensor products currently produced at its line in Chandler, AZ.<\/p>\n<p>\n\u201cEverspin 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,\u201d says Sanjeev Aggarwal, President and CEO. \u201cOur partnership with Microchip adds the production scale to support demand while continuing to advance our MRAM roadmap.\u201d<\/p>\n<p>\nUnder the agreement, Everspin will stand up its industry leading magnetic technology and manufacturing process at a Microchip fabrication facility in Oregon. Everspin will retain ownership of the intellectual property and manufacturing process while utilizing Microchip\u2019s foundry services capacity. This expanded capacity will leverage Everspin\u2019s strong balance sheet and partnerships.<\/p>\n<p>\n\u201cMicrochip is pleased to collaborate with Everspin and provide foundry services from its large and expandable manufacturing capacity in our Oregon Fab,\u201d said Michael Finley, Senior Vice President of Microchip\u2019s Fab Operations.<\/p>\n<p>\nThe agreement will provide Everspin and its customers with several strategic benefits:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nIncreased wafer capacity to support growth plans<\/p>\n<\/li>\n<li>\nOn-shore second source for MRAM and TMR sensor products<\/p>\n<\/li>\n<li>\nContinuity of supply lasting well into the next decade<\/p>\n<\/li>\n<li>\nAdditional opportunities for Everspin to continue R&amp;D programs advancing MRAM capabilities for next generation use cases and workloads<\/p>\n<\/li>\n<li>\nInternational Traffic in Arms Regulations (ITAR) wafer processing capabilities<\/p>\n<\/li>\n<\/ul>\n<p>\nEverspin will continue to manufacture MRAM and TMR sensor wafers in its Chandler, AZ facility co-located at NXP. The company plans to leverage its twenty years of MRAM production experience from Everspin\u2019s Chandler operation as a benchmark for process bring up at Microchip ensuring a timely and seamless process installation. Everspin expects the first products to ship from the Everspin-Microchip collaboration in the second half of 2027.<\/p>\n<p><b>About Everspin Technologies<\/b><\/p>\n<p>\nEverspin Technologies, Inc. is the world\u2019s leading provider of Magnetoresistive RAM (MRAM). Everspin MRAM delivers the industry\u2019s most robust, highest performance non-volatile memory for industrial, data center, automotive, aerospace and other mission-critical applications where data persistence is essential. Headquartered in Chandler, Arizona, Everspin provides commercially available MRAM solutions to a large and diverse customer base. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Furl.avanan.click%2Fv2%2F___http%3A%2Fwww.everspin.com%2F___.YXAzOmJsdWVzaGlydDphOm86NTRkNWU2YzFmYjRjNDBkZTZhNTVhODlkYmNlNTQwZTg6NjoyZDkyOjBiNzlkMmRlMmZmMWI4MGEyZmJmZjY4MzA5MDFhN2RiNTNkYzUxMGYxNzI4ZjRlNDRhMDYzODc0OWE2YWM2MDY6cDpU&amp;esheet=54484155&amp;newsitemid=20260408498761&amp;lan=en-US&amp;anchor=www.everspin.com&amp;index=1&amp;md5=bd44fb1cb088c53b7da3decf6a0e3a3d\">www.everspin.com<\/a>. NASDAQ: MRAM.<\/p>\n<p>\nThis press release contains forward-looking statements regarding future events or results. Forward-looking statements are identified by words such as \u201cwill,\u201d \u201cexpects\u201d or similar expressions and include, but are not limited to, statements regarding Everspin\u2019s anticipated business plans and business strategy. These forward-looking statements are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results or outcomes to be materially different from any future results or outcomes expressed or implied by the forward-looking statements, including, without limitation, the risks set forth under the caption \u201cRisk Factors\u201d in Everspin\u2019s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on March 5, 2026, as well as in Everspin\u2019s subsequent filings with the SEC. Any forward-looking statements made by Everspin in this press release speak only as of the date on which they are made, and subsequent events may cause these expectations to change. Everspin disclaims any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260408498761r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260408498761\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260408498761\/en\/<\/a><\/span><\/p>\n<p><b>Media Relations:<br \/>\n<\/b><br \/>Stephanie Quinn<br \/>\n<br \/>Bodewell Group<br \/>\n<br \/>T: 480-316-8370<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:squinn@bodewellgroup.com\">squinn@bodewellgroup.com<\/a><\/p>\n<p><b>Investor Relations:<br \/>\n<\/b><br \/>Monica Gould<br \/>\n<br \/>The Blueshirt Group<br \/>\n<br \/>T: 212-871-3927<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@everspin.com\">ir@everspin.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Arizona United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Semiconductor Engineering Data Management Technology Manufacturing Hardware<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260408498761\/en\/1916783\/3\/Everspin_logo_standard_600pxl.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity Agreement with Microchip Technology supports scalable manufacturing and on-shore long-term supply chain resilience CHANDLER, Ariz.&#8211;(BUSINESS WIRE)&#8211; Everspin Technologies Inc., (NASDAQ: MRAM), the world\u2019s 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 products. The company will establish a copy exact (plus) MRAM line to manufacture MRAM and TMR sensor products currently produced at its line in Chandler, AZ. \u201cEverspin is expanding its &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-949979","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity Agreement with Microchip Technology supports scalable manufacturing and on-shore long-term supply chain resilience CHANDLER, Ariz.&#8211;(BUSINESS WIRE)&#8211; Everspin Technologies Inc., (NASDAQ: MRAM), the world\u2019s 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 products. The company will establish a copy exact (plus) MRAM line to manufacture MRAM and TMR sensor products currently produced at its line in Chandler, AZ. \u201cEverspin is expanding its &hellip; Continue reading &quot;Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-08T20:13:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260408498761r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity\",\"datePublished\":\"2026-04-08T20:13:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\\\/\"},\"wordCount\":702,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260408498761r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\\\/\",\"name\":\"Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity - 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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 products. The company will establish a copy exact (plus) MRAM line to manufacture MRAM and TMR sensor products currently produced at its line in Chandler, AZ. \u201cEverspin is expanding its &hellip; Continue reading \"Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-08T20:13:15+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260408498761r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity","datePublished":"2026-04-08T20:13:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\/"},"wordCount":702,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260408498761r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/everspin-technologies-expands-on-shore-mram-manufacturing-capacity\/","name":"Everspin Technologies Expands On-Shore MRAM Manufacturing Capacity - 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